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Procurement Specialist - Raw Materials

Placements24
Full Timejunior
INPosted 4 days ago

Job Description

As a Procurement Specialist at our facility in Thane, Maharashtra, IN, you will play a crucial role in managing the acquisition of raw materials to ensure a stable supply chain for production demands. Your responsibilities will include:

  • Identifying, evaluating, and onboarding new suppliers for various raw materials.
  • Negotiating pricing, terms, and conditions with suppliers to secure competitive advantages.
  • Managing existing supplier relationships to ensure consistent quality and timely delivery.
  • Monitoring inventory levels and forecasting material needs in collaboration with the production team.
  • Processing purchase orders and ensuring adherence to procurement policies and procedures.
  • Conducting market research to stay informed about commodity prices and supply chain trends.
  • Resolving any issues related to material quality, delivery, or invoicing with suppliers.
  • Maintaining accurate records of all procurement activities and supplier performance.
  • Collaborating with quality control to ensure all incoming materials meet specifications.
  • Contributing to cost reduction initiatives within the procurement function.

Qualifications required for this role include:

  • Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
  • Minimum of 3 years of experience in procurement, specifically sourcing raw materials.
  • Strong understanding of procurement best practices and supply chain dynamics.
  • Excellent negotiation and vendor management skills.
  • Proficiency in using procurement software and ERP systems.
  • Strong analytical and problem-solving abilities.
  • Detail-oriented with excellent organizational skills.
  • Good communication and interpersonal skills.
  • Ability to work effectively as part of a team and independently.
  • Familiarity with manufacturing processes and material specifications is a plus.

This role is critical for maintaining operational efficiency and product quality within our manufacturing hub. As a Procurement Specialist at our facility in Thane, Maharashtra, IN, you will play a crucial role in managing the acquisition of raw materials to ensure a stable supply chain for production demands. Your responsibilities will include:

  • Identifying, evaluating, and onboarding new suppliers for various raw materials.
  • Negotiating pricing, terms, and conditions with suppliers to secure competitive advantages.
  • Managing existing supplier relationships to ensure consistent quality and timely delivery.
  • Monitoring inventory levels and forecasting material needs in collaboration with the production team.
  • Processing purchase orders and ensuring adherence to procurement policies and procedures.
  • Conducting market research to stay informed about commodity prices and supply chain trends.
  • Resolving any issues related to material quality, delivery, or invoicing with suppliers.
  • Maintaining accurate records of all procurement activities and supplier performance.
  • Collaborating with quality control to ensure all incoming materials meet specifications.
  • Contributing to cost reduction initiatives within the procurement function.

Qualifications required for this role include:

  • Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
  • Minimum of 3 years of experience in procurement, specifically sourcing raw materials.
  • Strong understanding of procurement best practices and supply chain dynamics.
  • Excellent negotiation and vendor management skills.
  • Proficiency in using procurement software and ERP systems.
  • Strong analytical and problem-solving abilities.
  • Detail-oriented with excellent organizational skills.
  • Good communication and interpersonal skills.
  • Ability to work effectively as part of a team and independently.
  • Familiarity with manufacturing processes and material specifications is a plus.

This role is critical for maintaining operational efficiency and product quality within our manufacturing hub.

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