02 Aug
|
Welspun World
|
Jhagadia
02 Aug
Welspun World
Jhagadia
About Welspun Welspun World is one of India's fastest growing global conglomerates with businesses in Home Textiles, Flooring Solutions, Advanced Textiles, DI Pipes, Pig Iron, TMT bars, Stainless Steel, Alloy, Line Pipes, Infrastructure & Warehousing. Job Purpose/ Summary Shouid be responsible for supporting the procurement process, ensuring the timely and cost-effective sourcing of goods and services required by the organization. This role involves collaborating with internal teams, managing vendor relationships, negotiating contracts, and ensuring compliance with company policies and procedures.
Need to drive procurement strategies that align with the organization's goals, contribute to cost savings, and ensure quality and efficiency in the procurement process. Additionally, the role involves monitoring inventory levels, preparing reports, and helping improve the overall procurement function.
Job Title SSH-Engineering-Procurement-WSSL-Steel Procurement Planning &
• Strategy:Assist in developing and executing procurement strategies aligned with business objectives.Coordinate with various departments to understand their procurement needs and priorities.Contribute to the creation of annual procurement plans and budgets.Supplier Management:Research, identify, and establish relationships with new suppliers to enhance procurement options.Maintain and evaluate supplier performance, ensuring timely delivery of quality products or services.Negotiate terms, pricing, and contracts with suppliers to ensure optimal deals for the company.Purchasing &
• Order Management:Ensure the timely and accurate processing of purchase orders.Monitor inventory levels and reorder supplies as needed to prevent shortages.Expedite orders and resolve any issues related to delayed shipments or quality discrepancies.Contract Management:Assist in drafting, reviewing, and negotiating procurement contracts.Ensure that all contracts comply with company policies and legal requirements.Maintain records of contracts and related documents for future reference and audits.Cost Control &
• Budgeting:Monitor procurement costs to ensure that purchasing activities stay within budget.Identify opportunities for cost savings through strategic sourcing and vendor negotiations.Assist in reporting on procurement expenditures, cost savings, and forecasting.Compliance &
• Reporting:Ensure adherence to company procurement policies and compliance with legal and ethical standards.Prepare and submit reports on procurement activities, supplier performance, and spending trends.Assist with audits and ensure proper documentation of procurement transactions.Cross-functional Collaboration:Work closely with other departments, including finance, operations, and logistics, to ensure smooth coordination in procurement activities.Assist in resolving procurement-related issues that may impact other business functions.Continuous Improvement:Stay informed about market trends, best practices,
and emerging procurement technologies.Provide recommendations for process improvements to enhance procurement efficiency and effectiveness.
Principal
Accountabilities
Assist in identifying and evaluating potential suppliers to ensure a diverse and reliable supply chainbr Build and maintain solid relationships with existing suppliers to guarantee a consistent and reliable supply of goods and servicesbr Negotiate contracts and pricing with suppliers to achieve favorable terms and conditions for the organizationbr Ensure supplier performance meets agreedupon quality standards timelines and costs addressing any issues promptlybr Assist in the creation and implementation of procurement strategies and policies that align with organizational goalsbr Help with processing purchase orders ensuring they are completed accurately and efficiently to meet organizational needsbr Coordinate with internal departments to understand their procurement needs and requirements facilitating effective communication and collaborationbr Ensure that all procurement activities comply with company policies and industry regulations maintaining high standards of integrity and transparency Key Interactions Client Relations ,Customers,Distributors,External Agencies,Mid Management,Vendor Management ,Vendors Experience 5 Competency Name Competency Name Proficiency Level Business & Commercial acumenExpert EntrepreneurshipExpert Global Mind-setExpert People ExcellenceExpert AccountabilityExpert Invoice ProcessingExpert Procurement processesExpert Additional Section (Can Be Added, If Required. NA
📌 SSH-Engineering-Procurement-WSSL-Steel (Jhagadia)
🏢 Welspun World
📍 Jhagadia