Vendor Management & Sourcing: Identify, evaluate, and onboard reliable vendors and suppliers. Maintain updated vendor records, pricelists, and performance ratings.
Procurement Operations: Process Purchase Requisitions (PR) and issue Purchase Orders (PO) accurately in the ERP system while tracking delivery timelines.
Negotiation & Cost Optimization: Negotiate pricing, payment terms, warranties, and delivery schedules with suppliers to maximize cost savings without compromising quality.
Market & Price Analysis: Research market trends, evaluate competing quotes via comparative statements, and negotiate long-term supplier agreements.
Quality & Inventory Coordination: Collaborate with warehouse and quality teams to inspect incoming goods, resolve delivery disputes, process returns, and maintain optimal stock levels.
Compliance & Documentation: Ensure all purchasing activities comply with company policies, tax regulations (GST/Import duties), and audit requirements. Maintain comprehensive procurement documentation and invoice processing records.