To ensure timely procurement of materials, consumables, services, and equipment required for smooth business operations while maintaining cost efficiency, quality standards, and vendor compliance.
Key Responsibilities- Raise and process Purchase Orders (POs) based on approved requisitions.
- Obtain quotations from vendors and prepare comparative statements.
- Negotiate prices, payment terms, and delivery schedules with suppliers.
- Coordinate with internal departments to understand procurement requirements.
- Follow up with vendors to ensure timely delivery of materials.
- Maintain records of purchase orders, quotations, contracts, and vendor details.
- Monitor inventory levels and initiate procurement to avoid stock shortages.
- Coordinate with stores and accounts for material receipt and invoice processing.
- Identify and develop alternate suppliers to ensure uninterrupted supply.
- Resolve issues related to material quality, quantity, and delivery delays.
- Ensure compliance with company procurement policies and procedures.
- Prepare periodic procurement and vendor performance reports.
Qualifications- Graduate in any discipline (B.Com/BBA preferred).
- Additional certification in Supply Chain or Procurement will be an advantage.
Experience
- 2–5 years of experience in procurement/purchasing.
- Experience in manufacturing, engineering, medical devices, or similar industries preferred.
Required Skills
- Purchase Order Management
- Vendor Development & Management
- Price Negotiation
- Cost Control
- Inventory Coordination
- MS Excel and ERP Systems
- Communication & Interpersonal Skills
- Documentation and Record Keeping
- Analytical and Problem-Solving Skills
Key Performance Indicators (KPIs)
- Timely placement of purchase orders.
- On-time delivery of materials.
- Cost savings achieved through negotiations.
- Reduction in procurement lead times.
- Vendor performance and compliance.
- Accuracy of procurement documentation.
- Availability of materials without production or operational disruptions.
