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procurement / Sourcing officer, Assistant Manager procurement / Sourci

5 - 10 Years

Kanchipuram

Not Disclosed by Recruiter

Posted: 42 days ago

Job Description

Roles and responsibilities 

Responsibilities
Devise and use fruitful sourcing / Procurement strategies
Discover profitable suppliers and initiate business and organization partnerships
Negotiate with external vendors to secure advantageous terms
Approve the ordering of necessary goods and services
Finalize purchase details of orders and deliveries
Examine and test existing contracts
Track and report key functional metrics to reduce expenses and improve effectiveness
Collaborate with key persons to ensure clarity of the specifications and expectations of the company
Foresee alterations in the comparative negotiating ability of suppliers and clients
Expect unfavorable events through analysis of data and prepare control strategies
Perform risk management for supply contracts and agreements
Control spends and build a culture of long-term saving on procurement costs
Support the purchase team in all activities
Manage the companys supply portfolio ensuring transparency of spending
Generate and implement efficient sourcing and category management strategies
Analyze and calculate costs of procurement and suggest methods to decrease expenditure
Invent negotiation strategies and secure profitable deals
Optimize sourcing procedures to attain maximum efficiency
Cooperate with stakeholders to guarantee agreement on terms and processes
Research and anticipate shifts in the negotiating power of suppliers
Perform cost and scenario analysis, and benchmarking
Estimate risks and apply risk minimizing techniques
Discover and partner with trustworthy vendors and suppliers
Determine quantity and timing of deliveries
Skills needed
Proven working experience as a procurement / Sourcing officer
Knowledge of stock market and commodities market
Knowledge of London Metal Exchange
Knowledge of sourcing and procurement techniques as well as a dexterity in reading the market
Talent in negotiations and networking
Aptitude in decision-making and working with numbers
Experience in collecting and analyzing data
Strong leadership capabilities
Understanding of market dynamics and sound business judgement
Ability to negotiate and sustain networking relationships
Comfortable with figures and in collecting, analyzing and interpreting data
Solid judgement with ability to make good decisions


Salary: Not Disclosed by Recruiter
Industry: Electricals / Switchgears
Functional Area: Supply Chain, Logistics, Purchase, Materials
Role Category: Purchase/Material Management
Role: Purchase/Vendor Development Manager
Employment Type: Permanent Job, Full Time

Desired Candidate Profile


Education:UG -B.Tech/B.E. - Any Specialization

Company Profile

Indo Tech Transformers Limited
We are an ISO 9001 certified company, was established in 1976 and has since grown to be a prominent player in the Indian electrical industry for power & distribution transformers and various special application transformers, mobile sub-station transformers & sub-stations. We have a list of satisfied customers is a testimony to its commitment to quality and excellent customer service.
View Contact Details+
Contact Details

Contact Company:Indo Tech Transformers Limited

Reference Id:Procur1