Procurement Manager

Ludhiana
Full-Time
Mid-Level: Less than 5 years
10K - 25K (Per Month)
Posted on Aug 29 2024

About the Job

Skills

Negotiation
Supply Chain Management
Vendor Management
Contract Management
Sourcing
Cost Analysis
Inventory Management
Risk Assessment

Strategy Development: Develop and implement procurement strategies that align with company goals and objectives. Continuously evaluate and improve procurement processes to enhance efficiency and effectiveness.

Supplier Management: Identify, evaluate, and select suppliers based on criteria such as quality, cost, and delivery time. Maintain strong relationships with key suppliers and manage performance to ensure service levels are met.

Contract Negotiation: Negotiate contracts and terms with suppliers to secure favorable conditions. Ensure that all agreements comply with legal and regulatory requirements.

Budget Management: Monitor and manage procurement budgets. Analyze spending patterns and implement cost-saving measures without compromising quality.

Compliance: Ensure that procurement activities adhere to company policies, ethical standards, and regulatory requirements. Conduct regular audits and reviews to ensure compliance.

Team Leadership: Lead and mentor a team of procurement professionals. Provide training and development opportunities to enhance team performance and capability.

Market Research: Conduct market research to stay informed about industry trends, new products, and emerging technologies. Utilize this information to make informed procurement decisions.

Reporting: Prepare and present regular reports on procurement activities, including cost savings, supplier performance, and market trends, to senior management.

Problem Solving: Address and resolve any issues related to procurement, such as supplier disputes, delivery delays, or quality concerns.

About the company

Foods and Beverages Services

Industry

Food & Beverages

Company Size

11-50 Employees

Headquarter

Ludhiana

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