Job Description

The Procurement Expert plays a critical role in managing the company's procurement activities, ensuring efficient and cost-effective purchasing of goods and services. This position requires a strategic thinker with a keen eye for market trends and the ability to negotiate favorable terms with suppliers. The Procurement Expert is responsible for developing and implementing procurement strategies, managing vendor relationships, and ensuring compliance with organizational policies and industry regulations. The ideal candidate will have a strong background in supply chain management, excellent analytical skills, and the capability to drive improvements in procurement processes. This role demands a proactive professional who can balance strategic objectives with day-to-day operational requirements, ultimately contributing to the financial performance and competitive advantage of the organization.


Responsibilities

  • Develop and implement effective procurement strategies in alignment with business goals and objectives.
  • Analyze market trends and supplier performance to identify cost-saving opportunities.
  • Negotiate contracts and terms with suppliers to secure favorable pricing and conditions.
  • Establish and maintain strong relationships with key suppliers and vendors.
  • Monitor supply chain operations to ensure timely delivery of goods and services.
  • Conduct regular reviews of procurement processes to enhance efficiency and effectiveness.
  • Collaborate with cross-functional teams to align procurement activities with overall organizational strategies.
  • Ensure compliance with internal policies and industry regulations in all procurement activities.
  • Prepare and present reports on procurement activities, highlighting key metrics and insights.
  • Lead initiatives for continuous improvement and innovation within the procurement function.
  • Develop vendor management programs to optimize supplier performance and resource allocation.
  • Manage procurement risks by implementing risk mitigation strategies and contingency plans.

Requirements

  • Bachelor's degree in supply chain management, business administration, or a related field.
  • Proven experience as a Procurement Expert or in a similar senior procurement role.
  • Strong knowledge of procurement processes, contract management, and supply chain dynamics.
  • Excellent negotiation skills with a demonstrated ability to secure favorable terms.
  • Exceptional analytical and problem-solving abilities to drive decision-making processes.
  • Outstanding communication and interpersonal skills for effective stakeholder engagement.
  • Proficiency in procurement software and tools for tracking and managing procurement activities.
  • Ability to balance strategic initiatives with daily operational tasks in a dynamic environment.


Job Details

Role Level: Mid-Level Work Type: Full-Time
Country: India City: Odisha
Company Website: https://www.talentmate.com Job Function: Procurement & Vendor Management
Company Industry/
Sector:
Recruitment & Staffing

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About the Company

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