- Vendor Identification & Development: Identify, evaluate, and develop new vendors to ensure competitive pricing and uninterrupted supply.
- Procurement Planning: Coordinate with various departments to understand material requirements and plan purchases accordingly.
- Purchase Order Management: Prepare, issue, and track Purchase Orders (POs) while ensuring accuracy and timely processing.
- Vendor Negotiation: Negotiate prices, payment terms, delivery schedules, and contracts to achieve cost savings.
- Material Follow-up: Ensure timely delivery of materials by regularly following up with suppliers and resolving supply delays.
- Quality Coordination: Coordinate with the Quality and Stores departments to ensure received materials meet required specifications.
- Inventory Coordination: Monitor inventory levels and coordinate with stores to avoid stock shortages or excess inventory.
- Cost Control: Analyze procurement costs and recommend cost-effective purchasing strategies.
- Documentation & Records: Maintain accurate procurement records,



vendor databases, quotations, comparative statements, and purchase files.
- Compliance: Ensure procurement activities comply with company policies, contractual obligations, and statutory requirements.
- Market Research: Monitor market trends, price fluctuations, and recent supplier opportunities.
- MIS Reporting: Prepare daily, weekly, and monthly procurement reports for management review.

Required Skills

- Strong negotiation and vendor management skills.
- Excellent follow-up and coordination abilities.
- Good knowledge of procurement processes and supply chain management.
- Proficiency in MS Excel, Word, and ERP software (Tally/Busy or similar).
- Strong analytical and cost comparison skills.
- Effective communication skills.
- Ability to work under pressure and meet deadlines.

Benefits:

- Health insurance
- Provident Fund

Work Location: In person

📌 Purchase Officer (India)
🏢 IDEATE INFORMATICS
📍 India