Position Overview: We are seeking a highly skilled and detail-oriented Purchasing Specialist to join our procurement team. The Purchasing Specialist will play a crucial role in ensuring the productive and cost-effective procurement of goods and services for our organization. This individual will be responsible for executing purchasing activities, managing supplier relationships, negotiating contracts, and maintaining inventory levels.
Responsibilities:
- Execute end-to-end procurement processes, including requisition processing, supplier selection, purchase order creation, and order tracking.
- Collaborate with internal stakeholders to understand their purchasing requirements and provide guidance on procurement best practices.
- Identify potential suppliers, conduct market research, evaluate vendor proposals, and negotiate favorable terms and conditions.
- Manage supplier relationships by monitoring performance, resolving issues or disputes, and conducting periodic supplier evaluations.
- Develop and maintain strong relationships with key suppliers to ensure reliable delivery of quality goods and services.
- Monitor inventory levels to ensure optimal stock levels while minimizing excess inventory or stockouts.
- Analyze pricing trends, market conditions, and contract terms to identify cost-saving opportunities.
- Maintain accurate records of purchases, contracts, pricing agreements, and other relevant documentation.
- Stay updated on industry trends, regulations, and best practices in procurement to enhance knowledge and improve processes.
- Collaborate with cross-functional teams such as finance, operations, and logistics to ensure seamless coordination of procurement activities.
Qualifications:
- Bachelor's degree in mechanical design engineer, supply chain management, business administration or a related field (or equivalent experience).
- Proven experience as a Purchasing Specialist or in a similar role w
📌 Procurement Specialist (Pune)
🏢 Holtec International
📍 Pune
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