Purchase Coordinator - Coimbatore, Tamil Nadu, India - JAYACHANDRAN INDUSTRIES Pvt Ltd

JAYACHANDRAN INDUSTRIES Pvt Ltd

Verified Company

Coimbatore, Tamil Nadu, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Procurement Planning:

Collaborate with department heads and project managers to determine procurement needs.
Analyze inventory levels and consumption patterns to forecast future requirements.
Develop and maintain procurement schedules to ensure timely delivery of goods and services.

Supplier Management:

Identify and evaluate potential suppliers based on quality, cost, reliability, and other factors.
Negotiate contracts and terms with suppliers to secure favorable pricing and service agreements.
Maintain relationships with existing suppliers and address any issues or concerns promptly.

Purchase Order Processing:

Generate purchase orders accurately based on approved requisitions and contracts.
Monitor purchase orders to ensure adherence to budget constraints and delivery timelines.
Coordinate with finance department for payment processing and invoice reconciliation.

Inventory Control:

Track inventory levels and conduct regular audits to prevent stockouts or overstock situations.
Implement inventory management systems to optimize stock levels and minimize carrying costs.
Coordinate with warehouse or logistics team to manage inventory movements effectively.
Documentation and Reporting:
Maintain accurate records of all procurement activities, including purchase orders, contracts, and supplier communications.
Generate reports on procurement performance, including cost savings, supplier performance, and inventory metrics.
Provide regular updates to management on procurement activities and performance indicators.
Compliance and Risk Management:
Ensure compliance with company policies and procedures, as well as relevant regulations and industry standards.
Identify potential risks in the supply chain and develop strategies to mitigate them.
Stay informed about market trends, industry developments, and regulatory changes affecting procurement processes.

Qualifications:

Bachelor's degree in Business Administration, Supply Chain Management, or related field.
2+ years of experience in purchase department.
Proven experience in procurement, purchasing.
Strong negotiation skills and ability to build effective relationships with suppliers.
Proficiency in procurement software and Microsoft Office Suite.
Excellent communication skills, both verbal and written.
Detailoriented with strong analytical and problemsolving abilities.
Ability to work independently and prioritize tasks in a fastpaced environment.
Knowledge of relevant laws, regulations, and best practices in procurement.