Key Responsibilities
Source and identify reliable suppliers for raw materials, consumables, and finished goods.
Obtain quotations from multiple vendors and compare pricing, quality, and delivery schedules.
Negotiate prices, payment terms, and delivery conditions with suppliers.
Prepare and issue Purchase Orders (POs) as per company requirements.
Coordinate with the Sales, Production, Warehouse, and Accounts departments for procurement planning.
Track order status and ensure timely delivery of materials.
Maintain accurate procurement records, vendor databases, and purchase documentation.
Monitor inventory levels and initiate purchases to avoid stock shortages.
Resolve issues related to delayed deliveries, damaged materials, and supplier discrepancies.
Evaluate supplier performance and develop long-term vendor relationships.
Ensure compliance with company procurement policies and procedures.
Support cost-saving initiatives through strategic sourcing and vendor negotiations.
Prepare procurement reports and MIS as required by management.