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Procurement Analyst

Procurement Analyst

ConfidentialNavi Mumbai
30+ days ago
Job description

Role & responsibilities :

  • Ensuring procurement of material at the optimal price point and fastest delivery schedule and ensure continuity of supply
  • Analyze market trends and identify opportunities to reduce costs, improve efficiency, and enhance value.
  • Collaborate with Quality Assurance teams to ensure packaging materials meet company standards and regulatory requirements
  • Communicate effectively with internal stakeholders, including sales, marketing, and operations teams, to ensure alignment and effective collaboration.
  • Analyze procurement data, market trends, and supplier performance to inform strategic decisions and drive continuous improvement.

Key Responsibilities

  • Strategic Procurement Planning : Develop and implement comprehensive procurement strategies for packaging materials, aligned with business objectives and market trends.
  • Supplier Management : Identify, evaluate, and manage a portfolio of suppliers to ensure a stable and high-quality supply chain.
  • Contract Negotiation : Negotiate contracts with suppliers to achieve optimal pricing, payment term, and delivery schedules.
  • Cost Management : Analyze market trends and identify opportunities to reduce costs, improve efficiency, and enhance value.
  • Quality Assurance : Collaborate with Quality Assurance teams to ensure packaging materials meet company standards and regulatory requirements.
  • Inventory Management : Work with logistics and operations teams to manage inventory levels, minimize waste, and optimize stock levels.
  • Risk Management : Identify and mitigate potential risks in the supply chain, such as supplier insolvency, natural disasters, or regulatory changes
  • Stakeholder Management : Communicate effectively with internal stakeholders, including sales, marketing, and operations teams, to ensure alignment and effective collaboration
  • Data Analysis : Analyze procurement data, market trends, and supplier performance to inform strategic decisions and drive continuous improvement.
  • Compliance : Ensure compliance with company policies, regulatory requirements, and industry standards.

    • Skills Required

    Compliance, Data Analysis, Inventory Management, Stakeholder Management, Risk Management

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    Procurement Analyst • Navi Mumbai