< h4> < b> Job Description< /b> < /h4> < h3> Roles and Responsibilities< /h3> < ul> < li> Managing procurement, budgeting, planning, and chalking out strategies for lean Supply Chain.< /li> < li> Ensuring optimum production and minimal equipment down time by ensuring optimum inventory levels.< /li> < li> Limiting purchases in line with networking capital thereby increasing inventory turn ensuring seamless operations/ production.< /li> < li> Financial Budgeting Based on actual and forecasted consumption / sales for all the departments.< /li> < li> Contract Management legal, financial, Capex and Opex.< /li> < li> Devised new techniques and procedure for tracking consumable usage; consumption tracking and recording.< /li> < li> Training the team members on management techniques.< /li> < li> Decision making on procurement and contract management.< /li> < li> Strategic Procurement of spares and consumables.< /li> < li> Strategic Procurement of CAPEX and OPEX items for the drilling rigs.< /li> < li> Overseeing Inventory Management using ERP systems of the company incl. ADP, SAP.< /li> < li> Overseeing Planning and Forecasting for Equipment and Spares; includes product categorization, consumption, cost, availability and lead time analysis (ABC, FSN et al).< /li> < li> Procurement of spares and consumables from OEMs/ from global suppliers based on the new and pre-exiting distributorship agreements.< /li> < li> Negotiating Price, Lead time and Payment terms with suppliers; with no compromise on Quality of Product.< /li> < li> Vendor development and management For bulk supply as well as for emergency supply.< /li> < li> Warehouse Management; includes Warehouse designing, Planning and Forecasting of stock and non-stock items, Inventory Management.< /li> < li> Financial Budgeting; includes Annual forecast and planning of the consumables, CAPEX and OPEX items.< /li> < li> Stock Management Daily Perpetual Inventory count, Binning,



Categorization.< /li> < li> Inventory Control Reducing the obsolete inventory by putting controls to avoid order duplication and ensuring the parts supersessions are updated.< /li> < li> Vendor development for Local supplies for stocking daily use/ high consumption items.< /li> < li> Crisis Management Machine down conditions. Budgeting on Petty cash and Keeping the Local vendors in agreement for supply from Production or Emergency Stock.< /li> < li> Planning and Forecasting for Stock replenishments and stocking of critical items.< /li> < li> Designing generating weekly monthly statistical forecast reports.< /li> < li> Continuously improving forecasting techniques, method, approach.< /li> < li> Relating measuring the impact of forecast accuracy.< /li> < li> Evolving maintaining documentation and standard operating procedures for demand planning processes and systems.< /li> < li> Conduct current future forecasting analysis, ensuring forecasting processes and methods are followed.< /li> < li> Make recommended adjustments to forecast and inventory targets based on changes in demand market trends.< /li> < li> Lead forecast and inventory planning meetings with Marketing Managers, reviewing recommended sales forecasts and inventory goals (emphasis on brand transitions, recent products introduction promotions. Manage inventory targets (including safety stock levels) that are approved by management.< /li> < li> Prepare, report communicate forecast and inventory measurements to management (forecast accuracy, inventory plan vs. targets). Monitor SKU levels recommend SKU rationalization initiatives in the future.< /li> < li> Proactively facilitating, re-engineering, best practices consensus between functional experts. (Demand planning, Inventory planning, Purchasing, Sales Marketing, Operations, Finance).< /li> < li> Monthly MIS.< /li> < li> Maintain coordinate communication with principals.< /li> < /ul>

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📌 Sr . Executive ( Procurement ) (Pune)
🏢 Excelsis Group
📍 Pune