Effective procurement operations are critical to a company's success. A skilled Procurement Specialist plays a vital role in this process, ensuring timely delivery of quality materials while optimizing costs.
The ideal candidate will have the ability to develop and implement procurement strategies that align with the company's goals. Key responsibilities include managing suppliers and vendors, negotiating contracts, and maintaining a supplier database.
The successful candidate will work closely with engineering and project teams to understand technical requirements, ensure purchased materials comply with industry standards, and review technical documents.
Additionally, the Procurement Specialist will be responsible for monitoring procurement budgets, driving cost-saving initiatives, and analyzing procurement data to identify opportunities for improvement.
They will also ensure compliance with industry standards, legal requirements, conduct risk assessments, and manage contract disputes.
Strategic Sourcing Professional • Salem, India