Purchase

Job description

Key Responsibilities :

• Strategic Sourcing :
• Develop and implement sourcing strategies to ensure the timely and cost-effective procurement of materials, tools, and equipment required for mining operations.
• Identify and evaluate potential suppliers and vendors, maintaining strong relationships and negotiating contracts to secure favorable terms and pricing.
• Procurement Management :
• Supervise the procurement team in issuing purchase orders, contracts, and agreements in compliance with company policies and procedures.
• Monitor procurement activities to ensure adherence to budgetary constraints and project timelines, resolving any issues or delays as necessary.
• Supplier Relationship Management :
• Foster and maintain strategic partnerships with key suppliers and vendors, conducting regular performance reviews and addressing any concerns or issues that may arise.
• Collaborate with suppliers to drive continuous improvement initiatives, such as cost reductions, quality enhancements, and process efficiencies.
• Inventory Control and Management :
• Oversee inventory levels and stock replenishment processes, working closely with warehouse and inventory teams to optimize stock levels and minimize carrying costs.
• Implement inventory control measures to prevent stockouts and excess inventory, ensuring the availability of materials and equipment as needed.
• Contract Negotiation and Management :
• Lead negotiations with suppliers to establish favorable terms and conditions, including pricing, delivery schedules, and payment terms.
• Review and manage supplier contracts and agreements, ensuring compliance with legal and regulatory requirements and mitigating any contractual risks.
• Cost Analysis and Optimization :
• Conduct cost analysis and market research to identify cost-saving opportunities and optimize procurement strategies.
• Develop and implement cost reduction initiatives while maintaining quality standards and meeting operational requirements.
• Documentation and Reporting :
• Maintain accurate records of procurement activities, including purchase orders, contracts, and supplier communications.
• Generate reports on procurement performance, spending analysis, and cost savings achievements, providing insights and recommendations to management.
• Compliance and Risk Management :
• Ensure compliance with company policies, procedures, and regulatory requirements in all procurement activities.
• Identify and mitigate potential risks related to procurement, such as supply chain disruptions, supplier dependencies, and regulatory compliance issues.

Qualifications and Skills :

Education

Master OF Business Administration (M.B.A), Post Graduate Programme in Management for Executives (PGPX), Bachelor Of Technology (B.Tech / B.E), Bachelor of Business Administration (B.B.A)

Skills Required

Negotiating Skill, Purchase Orders, Purchase Logistics, Supplychain, Purchase Head, Excel, google sheets