13 Aug
|
Accurate Edge
|
Virgonagar
13 Aug
Accurate Edge
Virgonagar
Job Summary:
Responsible for sourcing and purchasing raw material, equipment, goods & services as per defined procedure and managing vendors to achieve best outcome in favour of organization.
Duties (Authority)
- Approve purchase requisitions and orders up to the financial limit defined by management.
- Allocate tasks and responsibilities to procurement staff.
- Reject materials or services that do not meet quality standards.
- Select, negotiate, and finalize contracts with vendors within policy guidelines.
- Recommend vendor additions, removals, or blacklisting. to recommend improvements in procurement processes, cost-saving measures, and supplier management strategies.
Duties (Responsibility)
- Develop, implement, and monitor procurement strategies and policies.
- Source, evaluate, and select suppliers based on price, quality, service, and reliability.
- Negotiate terms and conditions with suppliers to secure favorable contracts.
- Approve purchase requisitions and orders within authorized limits.
- Ensure all procurement activities comply with company policies and financial guidelines.
- Monitor inventory levels and coordinate with store/production teams to avoid shortages.
- Track, analyze, and report procurement performance, savings, and supplier scorecards.
- Identify and mitigate procurement-related risks.
- Manage procurement records, agreements, and contracts systematically.
- Support internal audits and ensure documentation is complete and accurate.
- Lead, mentor, and evaluate the performance of subordinates.
- To co-ordinate with suppliers for addressing issues related to quality, cost and delivery of orders.
- Initiate the ordering for raw materials in shop floor- including local PO’s, outsourcing, machinning, turnkey and indirect materials based on assigned commodities.
- Coordinates with intercompany transactions pertaining to stocks and maintains material inventory.
- Monitor material consumption based on trend or pattern of material consumption o
📌 Procurement Specialist (Virgonagar)
🏢 Accurate Edge
📍 Virgonagar