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 solid 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

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