Procurement Executive - Nagpur, Maharashtra, India - PEB 360 Solutions
Description
Sourcing and Vendor Management:
Identifying potential suppliers, evaluating their capabilities, negotiating contracts, and managing vendor relationships to ensure timely delivery of quality goods and services at competitive prices.
-Procurement Planning: Developing procurement strategies aligned with organizational objectives, forecasting demand, and determining the most cost-effective methods of procurement.
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Purchase Order Processing: Creating and processing purchase orders, ensuring accuracy in quantities, specifications, and pricing, and coordinating with internal stakeholders to fulfill procurement requirements.
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Inventory Management: Monitoring inventory levels, analyzing usage patterns, and implementing inventory control measures to optimize stock levels and minimize excess or obsolete inventory.
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Cost Analysis and Budgeting: Conducting cost analysis to identify cost-saving opportunities, tracking procurement expenses, and preparing budgets for procurement activities.
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Contract Management: Reviewing and managing supplier contracts, ensuring compliance with contractual terms and conditions, and resolving any contractual disputes or issues that may arise.
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Risk Management: Identifying potential risks in the supply chain, implementing risk mitigation strategies, and maintaining continuity of supply through effective risk management practices.
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Quality Assurance: Collaborating with quality assurance teams to establish and maintain quality standards for purchased goods and services, ensuring compliance with regulatory requirements and industry standards.
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Supplier Performance Evaluation: Evaluating supplier performance based on key performance indicators (KPIs), conducting supplier audits, and implementing improvement initiatives to enhance supplier performance.
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Market Research and Analysis: Monitoring market trends, analyzing industry developments, and identifying potential suppliers or products that align with organizational needs and objectives.
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Cross-functional Collaboration: Collaborating with internal departments such as finance, operations, and logistics to ensure alignment of procurement activities with overall business objectives and strategies.
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Continuous Improvement: Identifying opportunities for process improvement, implementing best practices, and driving continuous improvement initiatives to enhance the efficiency and effectiveness of procurement processes.
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Compliance and Ethics: Ensuring compliance with relevant laws, regulations, and corporate policies, and promoting ethical conduct in all procurement activities.
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Reporting and Analysis: Generating reports and conducting data analysis to track procurement performance, identify trends, and provide insights for decision-making purposes.
Salary:
₹12, ₹20,000.00 per month
Schedule:
- Day shift
Experience:
- total work: 2 years (preferred)
Work Location:
In person
Speak with the employer
- 91
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