Job Description:

Key Responsibilities:

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Sourcing and Vendor Management:
- Identify potential suppliers, conduct negotiations, and evaluate vendor performance.
- Develop and maintain robust relationships with existing and new suppliers to ensure a reliable and cost-effective supply chain.

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Purchase Planning:
- Collaborate with other departments to understand their procurement needs and requirements.
- Develop and implement effective purchase strategies to meet the organization's goals and objectives.

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Cost Negotiation and Budget Management:
- Negotiate pricing and terms with suppliers to secure advantageous agreements.
- Monitor and manage budgets, ensuring cost-effectiveness and adherence to financial guidelines.

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Quality Assurance:
- Collaborate with quality control to ensure that purchased products and services meet the required quality standards.
- Address and resolve any quality issues with suppliers promptly.

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Risk Management:
- Identify and assess potential risks in the supply chain and implement mitigation strategies.
- Stay informed about market trends,



changes in regulations, and other factors that may impact procurement.

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Contract Management:
- Draft and review contracts with suppliers, ensuring terms and conditions are favorable to the organization.
- Monitor and enforce contract compliance.

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Team Collaboration:
- Work closely with other departments, such as logistics, production, and finance, to ensure seamless coordination of procurement activities.

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Market Research:
- Stay abreast of industry trends, market conditions, and technological advancements to make informed purchasing decisions.

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Documentation and Reporting:
- Maintain accurate records of purchases, contracts, and negotiations.
- Prepare regular reports on procurement activities, cost savings, and supplier performance.

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Continuous Improvement:
- Identify opportunities for process improvement and efficiency in the procurement process.
- Implement best practices and stay upd

📌 Purchase Manager (Raigarh)
🏢 Vinayak Outsourcing Works
📍 Raigarh