Profile:
The role involves building and maintaining strong supplier relationships, developing and executing effective procurement strategies, and proactively mitigating risks related to supply chain disruptions.
Responsibilities:
· Identify and assess potential domestic and international suppliers by analyzing market trends, evaluating capabilities, and mitigating supply risks.
· Develop and implement effective procurement strategies that position the company to excel in a competitive market.
· Drive sourcing optimization through strategic supplier selection, development of alternative supply options, and consolidation to enhance overall supplier performance.
· Lead negotiations with global and local vendors to secure favorable terms, including pricing, product details, payment conditions, and delivery schedules.
· Ensure long-term value creation by partnering with the most reliable and strategically aligned suppliers in the market.
· Maintain consistent follow-ups with suppliers to ensure timely shipments and adherence to promised delivery dates.
· Monitor and document price movements for key raw materials and finished goods to support informed procurement decisions.
· Update and manage the supplier register daily to accurately track raw material purchases and maintain data integrity.
Procurement Specialist • Mumbai, India