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Purchase Coordinator

3.00 to 5.00 Years   Delhi   03 Oct, 2023
NUPLANET VENTURES INDIA PRIVATE LIMITED
Job LocationDelhi
EducationNot Mentioned
SalaryRs 3.0 - 5 Lakh/Yr
IndustryManufacturing
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

    Roles and Responsibilities:Sourcing and Procurement: Identify and source suppliers, products, and materials needed for the organizations operations while ensuring quality and cost-effectiveness.Vendor Management: Establish and maintain relationships with suppliers and vendors, negotiate terms, and monitor their performance to ensure timely deliveries and quality standards.Negotiation: Negotiate pricing, contracts, and terms with suppliers to secure advantageous agreements for the company.Inventory Management: Maintain optimal inventory levels, track stock levels, and manage reorder points to prevent shortages or overstock situations.Purchase Orders: Generate and manage purchase orders, ensuring accuracy, completeness, and compliance with company policies.Cost Analysis: Analyze costs, market trends, and supplier performance to identify cost-saving opportunities and make data-driven decisions.Quality Control: Collaborate with quality assurance teams to ensure purchased products and materials meet quality standards and specifications.Communication: Act as a liaison between various departments within the organization, including production, sales, and finance, to coordinate and communicate procurement needs and updates.Compliance: Ensure procurement activities comply with relevant laws, regulations, and company policies, including ethical and sustainability standards.Market Research: Stay informed about industry trends, market conditions, and new product developments to make informed purchasing decisions.Vendor Diversity: Promote vendor diversity and explore opportunities to work with minority-owned or sustainable suppliers when applicable.Cost Tracking: Monitor and track procurement expenses, compare actual costs to budgets, and report on cost variances.Documentation: Maintain accurate records of purchases, contracts, and supplier correspondence for auditing and reporting purposes.Sales Team Support: Collaborate with the sales team to understand customer demands and ensure timely product availability to meet sales target.Problem Solving: Address and resolve any issues or disputes with suppliers promptly to minimize disruptions to operations.Continuous Improvement: Identify and implement process improvements to enhance efficiency and reduce procurement costs.Market Analysis: Conduct market analysis to identify potential cost-saving opportunities and recommend alternative suppliers or products.Budgeting: Assist in the preparation and management of the procurement budget, ensuring cost-effective practices.Forecasting: Collaborate with other departments to forecast demand for products and materials accurately.Adherence to Policies: Adhere to the organizations purchasing policies and procedures to maintain transparency and accountability in procurement activities.

Keyskills :
salespurchase orderb2b salescommunication skillsvendor managementdocumentation

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