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Procurement Executive

1.00 to 3.00 Years   Mumbai City   02 Dec, 2024
Synergy Ace Solutions Pvt Ltd
Job LocationMumbai City
EducationNot Mentioned
SalaryRs 2.0 - 3.0 Lakh/Yr
IndustryReal Estate
Functional AreaEngineering Design / Construction
EmploymentTypeFull-time

Job Description

      • Procurement Planning and Strategy: Develop and implement procurement strategies to meet the organizations needs while ensuring cost-efficiency and alignment with overall business objectives.
      • Negotiation: Negotiate contracts, pricing, and delivery terms with suppliers to ensure the best value for the organization. Handle complex negotiations to reduce costs and improve service terms.
      • Purchase Orders and Contracts: Create, process, and manage purchase orders and contracts. Ensure that all orders comply with legal and company standards.
      • Budget and Cost Management: Monitor procurement budgets and provide recommendations for cost-saving opportunities. Analyze market trends to adjust procurement strategies accordingly.
      • Quality Control and Compliance: Ensure all products purchased meet quality standards and regulatory requirements. Monitor supplier performance and resolve any issues related to product quality or delivery timelines.
      • Inventory Management: Work with inventory teams to ensure that adequate stock levels are maintained while avoiding overstocking or stockouts. Coordinate with warehouse or logistics teams for efficient product delivery and storage.
      • Documentation and Reporting: Maintain accurate records of procurement activities, including supplier agreements, contracts, purchase orders, and invoices. Prepare regular reports on procurement performance, savings, and supplier metrics.
      • Collaboration: Collaborate with various departments such as finance, production, and operations to understand procurement needs and ensure seamless coordination.
      • Market Research: Stay updated on industry trends, new suppliers, and alternative products to make informed purchasing decisions.

Keyskills :
sappurchase order

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