Job Requirements

Scope To manage the procurement of materials and equipment required for business operations by ensuring the best quality, timely delivery, and cost-effective purchasing.

Procurement Activities

- Receive and review purchase indents from various departments.
- Identify, evaluate, and select the suitable suppliers and vendors.
- Get and compare quotations from two or more vendors to ensure competitive pricing.
- Negotiate pricing, payment terms, and delivery schedules to achieve the best value for the organization.
- Prepare, process, and track POs.
- Develop and maintain a reliable vendor database.
- Build and maintain strong relationships with suppliers and service providers.
- Resolve supply-related issues, shortages, and discrepancies in a timely manner.
- Source alternative suppliers and products to ensure uninterrupted material availability.

Cost Management

- Achieve cost savings through effective negotiations and strategic sourcing.
- Monitor market trends, material availability, and pricing fluctuations.
- Identify alternative sourcing opportunities to improve cost efficiency.
- Support CAPEX and project procurement requirements as per business needs.
- Coordinate with stores, production, maintenance, and project teams to understand material requirements.
- Ensure timely procurement to avoid stock-outs and production interruptions.
- Monitor inventory levels and initiate procurement based on reorder requirements.
- Optimize inventory carrying costs while maintaining adequate stock levels.

Documentation & Compliance

- Maintain procurement records, purchase orders, and related documentation accurately.
- Ensure compliance with company procurement policies and procedures.
- Verify quotations, invoices, delivery challans,



and supporting documents before processing.
- Maintain accurate procurement data and records in SAP/ERP systems.
- Support internal, external, and statutory audits by providing required procurement documentation.
- Ensure all procurement transactions are properly authorized and documented.

Coordination

- Coordinate closely with Production, Maintenance, Projects, Logistics, Finance, and Stores departments.
- Follow up with suppliers to ensure on-time delivery of materials and services.
- Coordinate with vendors to address delivery delays, quality concerns, and commercial issues.
- Work with the Finance team for invoice verification and vendor payment processing.
- Ensure smooth communication among internal stakeholders and external suppliers to support business operations.

Desired Skills

- Strong negotiation and vendor management skills.
- Good knowledge of procurement and purchasing processes.
- Hands-on experience in SAP/ERP systems and MS Excel.
- Good communication, coordination, and interpersonal skills.
- Robust analytical skills with a cost-conscious approach.
- Ability to manage multiple suppliers and purchase requirements simultaneously.
- Ability to work independently and meet procurement deadlines.

KPIs:

- On-time availability of materials and services.
- Procurement cost savings achieved through negotiations and sourcing initiatives.
- Purchase Order processing turnaround time.
- Vendor delivery and service performance.
- Inventory optimization and prevention of stock-outs.
- Supplier quality and compliance performance.
- Accuracy and completeness of procurement documentation.
- Timely closure of purchase requisitions and orders.

Work Experience

B.Com / DME/DEE.- 2 to 3 years experience min. in purchase and projects roles.

📌 TEAL-Engineer Project (Hosur)
🏢 Titan
📍 Hosur