Erode
Full-Time
Junior: 1 to 3 years
15K - 30K (Per Month)
Posted on Jul 28 2023

About the Job

Skills

procurement
negotiation
MIS
Microsoft Office
Vendor Management
Inventory management
  1. Sourcing Suppliers: Identify potential suppliers and vendors through market research, inquiries, and networking. Evaluate their capabilities, reliability, and product quality to build a strong supplier base.
  2. Request for Quotations (RFQs): Issue RFQs to shortlisted suppliers, specifying the required goods or services, quantities, delivery timelines, and other terms and conditions.
  3. Price Negotiation: Negotiate with suppliers to obtain competitive pricing while maintaining quality standards. Work towards securing the best value for the organization.
  4. Purchase Orders (POs): Prepare purchase orders based on the finalized agreements with suppliers. Ensure accuracy in terms of item description, quantity, price, and delivery details.
  5. Order Tracking: Monitor the status of purchase orders to ensure timely delivery of goods and services. Communicate with suppliers to address any delays or issues in fulfillment.
  6. Vendor Relationship Management: Cultivate strong relationships with key suppliers to foster mutual trust and cooperation. Regularly evaluate supplier performance and provide feedback for improvement.
  7. Quality Assurance: Collaborate with the quality control team to ensure that purchased goods meet the organization's quality standards. Address any quality-related concerns with suppliers promptly.
  8. Inventory Management: Coordinate with the inventory team to maintain optimal stock levels. Forecast future demand and plan procurement accordingly.
  9. Cost Analysis: Conduct cost analysis and market research to identify cost-saving opportunities and potential alternative suppliers without compromising quality.
  10. Contract Management: Manage contracts and agreements with suppliers to ensure compliance with terms and conditions, as well as legal and regulatory requirements.
  11. Documentation: Maintain accurate and up-to-date records of procurement activities, including purchase orders, contracts, invoices, and supplier communications.
  12. Compliance: Ensure compliance with company policies and procurement regulations while adhering to ethical and sustainable procurement practices.

About the company

Manufacturer of Wind Turbine Generators. It has a target of 250 Nos. of Generators to be produced in a year.

Industry

Manufacturing

Company Size

201-500 Employees

Headquarter

Erode

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