14 Aug
|
Millenniumbabycare
|
India
14 Aug
Millenniumbabycare
India
From Hygiene Industry Only
The Procurement Manager is responsible for developing and executing procurement strategies, managing vendor relationships, negotiating contracts, ensuring cost-effective purchasing, and maintaining uninterrupted supply of materials, services, and equipment required for business operations.
Key Responsibilities1. Procurement Planning & Sourcing
Develop and implement procurement strategies aligned with business objectives.
Identify, evaluate, and onboard current suppliers.
Ensure timely procurement of raw materials, consumables, capital equipment, and services.
Conduct market research to identify cost-saving opportunities.
Vendor Management
Build and maintain robust relationships with suppliers and service providers.
Evaluate supplier performance based on quality, delivery, cost, and service levels.
Conduct periodic supplier audits and performance reviews.
Develop alternate vendor sources to mitigate supply risks.
Cost Management & Negotiation
Negotiate pricing, payment terms, contracts, and service agreements.
Drive cost reduction and value engineering initiatives.
Monitor market trends and commodity price movements.
Achieve annual procurement savings targets.
Contract & Compliance Management
Draft, review, and manage supplier contracts and purchase agreements.
Ensure compliance with company policies, legal requirements, and procurement procedures.
Maintain procurement documentation and records.
Inventory & Supply Chain Coordination
Coordinate with production, planning, stores, and logistics teams.
Ensure optimum inventory levels while minimizing carrying costs.
Prevent stock-outs and supply disruptions.
Team Leadership
Lead and mentor procurement executives and buyers.
Set performance goals and monitor team productivity.
Promote best procurement practices and continuous improvement.
Reporting & Analysis
Prepare procurement MIS reports and spend analysis.
Track procurement KPIs and supplier performance metrics.
Present procurement performance reports to management
Pay: ₹800,000.00 - ₹1,000,000.00 per year
Perks:
Versatile schedule
Paid time off
Provident Fund
Work Location: In person
📌 Procurement Manager Noida (India)
🏢 Millenniumbabycare
📍 India