19 Sep
|
Mandya Organic Foods
|
Bengaluru
19 Sep
Mandya Organic Foods
Bengaluru
Procurement Executive/Manager is responsible for managing an organization’s purchasing activities to ensure goods and services are acquired efficiently, cost-effectively, and in line with company policies. The role blends negotiation, vendor management, and strategic planning. Here’s a clear breakdown of the key roles and responsibilities: Core Responsibilities 1.
Vendor
Sourcing & Management Identify, evaluate, and onboard suppliers. Maintain solid relationships with vendors to ensure reliability, quality, and competitive pricing. 2.
Purchase Planning
Analyze organizational needs and forecast demand to ensure timely procurement without overstocking or shortages. 3.
Cost Negotiation
Negotiate pricing, contracts, and terms with suppliers to achieve cost savings while maintaining quality standards. 4.
Purchase Order Management
Create, process, and track purchase orders. Ensure accuracy in documentation and timely delivery of goods/services. 5.
Market Research
Monitor market trends, pricing fluctuations, and new suppliers to make informed purchasing decisions. 6.
Inventory Coordination
Work closely with inventory or warehouse teams to maintain optimal stock levels and avoid disruptions.
- Compliance & Documentation Ensure all procurement activities comply with company policies, legal regulations, and audit requirements. Maintain proper records of transactions and contracts. 8.
Quality Assurance
Coordinate with quality teams to ensure procured materials meet required standards and specifications. 9.
Risk Management
Identify potential supply chain risks (delays, price volatility, vendor issues) and develop mitigation strategies.
- Reporting & Analysis Prepare procurement reports, cost analyses, and performance metrics for management review. Supporting / Strategic Responsibilities Develop procurement strategies aligned with business goals Implement cost-saving initiatives Evaluate vendor performance regularly Improve procurement processes and systems Collaborate with finance, operations, and logistics teams Key Skills Required Negotiation and communication Analytical and decision-making ability Knowledge of supply chain and procurement processes Vendor management Attention to detail and organization Familiarity with ERP systems (like SAP, Oracle)
📌 Procurement Manager (Bengaluru)
🏢 Mandya Organic Foods
📍 Bengaluru