Purchase and Procurement Associate

• The candidate will be responsible for managing procurement, supplier relations, material planning, cost optimization, and ensuring timely deliveries efficiently
• Maintaining good relationships with vendors and negotiating terms.
• Forecast material requirements based on stock available.
• Identifying reliable suppliers for raw materials through contacts, cold calling, internet search, Indiamart, etc
• Timely purchase to avoid stock delays and emergency purchases.
• Negotiating not only price but also payment terms and delivery schedule.
• Making comparison charts of the prices from different vendors and having good decision-making and negotiation tactics.
• Regular follow-ups with the vendors.
• Coordinating with stores and production teams to ensure timely delivery of materials.
• Avoiding overstocking and understocking.
• Ensuring the quality of the material received in coordination with laboratory heads.
• Maintaining purchase records, invoices, supplier agreements, etc
• Ensuring compliance with regulatory requirements if required for any particular chemicals.
• Identifying opportunities to reduce procurement costs.
• Overseeing end-to-end supply chain from procurement to operations.
• Suggesting alternative suppliers if required.
• Managing transportation of raw material and finished goods.
• In coordination, keeping a record of stock available at different locations.
• Required regular and proper reporting.
• Ensuring on-time delivery to customers.
• Desired Profile / Criteria / Skills :Technical Skills: Sourcing, market awareness, internet research, MS Word/Excel, inventory basics, reporting, and accuracy.
• Soft Skills: negotiation, communication, analytical thinking, time management, problem-solving, and leadership.
• Behavioural Traits: proactive, team player, organized, resilient, calm under pressure, aggressive in procurement, and company-focused mindset.

Key Skills :

• Purchase
• Procurement
• Vendor Development
• Supplier Management