The Procurement Manager is a pivotal role within our trading business, responsible for overseeing and managing the company's sourcing and procurement activities. This role demands a strategic thinker with market-savvy insights to drive cost-effective purchasing decisions while maintaining high-quality standards. The successful candidate will lead efforts in developing a reliable supplier network, negotiating favorable terms, and ensuring alignment with market trends and business objectives.
Interested candidates can fill the form:
https://forms.gle/GgimC8VX6DQJ5qHT7
**Key Responsibilities:**
1. **Supplier Identification and Development:**
- Identify and establish relationships with reliable suppliers to ensure a consistent supply of quality products.
- Evaluate and monitor supplier performance to ensure compliance with quality standards and contractual obligations.
- Develop and maintain a robust supplier network that supports business growth and profitability.
2. **Negotiation and Contract Management:**
- Lead negotiations with suppliers to secure competitive pricing and favorable commercial terms.
- Draft, evaluate, and manage supplier contracts to ensure alignment with business needs and compliance requirements.
3. **Product Sourcing and Quality Assurance:**
- Source recent products that align with market demand and company standards.
- Evaluate product quality and packaging standards to ensure they meet customer and compliance requirements.
- Conduct regular market research to stay updated on market trends, pricing, and supplier capabilities.
4. **Cost Optimization and Efficiency:**
- Implement cost-saving initiatives without compromising on quality or service delivery.
- Analyze procurement data to identify opportunities for cost reduction and process improvement.
5. **Vendor Relationship Management:**
- Build and maintain strong relationships with vendors to foster collaboration and ensure reliable supply chains.
- Address and resolve any supplier-related issues promptly and effectively.
6. **Market Intelligence and Strategy:**
- Stay informed about industry trends, market conditions, and emerging technologies to inform procurement strategies.
- Develop and implement strategic sourcing plans that align with business goals and market conditions.
**Qualifications:**
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field. A Master's degree or professional certification (e.g., CIPS, CPSM) is a plus.
- Proven experience as a Procurement Manager or in a similar role within a trading or commercial environment.
- Strong negotiation skills and commercial acumen with a track record of securing favorable terms and conditions.
- Excellent understanding of market dynamics, pricing structures, and supplier capabilities.
- Proactive approach to problem-solving and ability to adapt to changing market conditions.
- Strong analytical skills with the ability to interpret data and make informed decisions.
- Exceptional communication and interpersonal skills to build and maintain effective vendor relationships.
- Ability to work independently and collaboratively in a fast-paced environment.
Pay: ₹30,000.00 - ₹50,000.00 per month
Benefits:
- Provident Fund
Work Location: In person
📌 Procurement Manager (India)
🏢 MECH CHOICE TOOLS
📍 India
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