Executive - Procurement

1. Raw Material Procurement

• Source and procure raw materials as per production requirements.
• Ensure timely availability of materials to avoid production disruptions.
• Monitor market trends, commodity price fluctuations, and supply risks.
• Conduct supplier negotiations to achieve cost savings and favourable commercial terms.
• Coordinate with Production, Planning, Quality, and Warehouse teams for demand planning.
• Track supplier performance regarding quality, delivery, and responsiveness.

2. Packaging Material Procurement

• Manage procurement of primary, secondary, and tertiary packaging materials.
• Collaborate with Marketing, QA/R&D, Production and Operations teams for packaging development projects.
• Ensure packaging materials meet quality and regulatory standards.
• Negotiate pricing, lead times, and contracts with packaging suppliers.
• Monitor inventory levels and prevent stock-outs or excess inventory.

3. Indirect Procurement

• Procure MRO items, consumables, Machine Spares, office supplies, safety items, facility management services, IT equipment, and other indirect spend categories.
• Obtain competitive quotations and perform comparative cost analysis.
• Manage service contracts, annual maintenance agreements, and vendor renewals.
• Ensure cost optimization while maintaining service quality.

4. Vendor Management

• Identify, evaluate, and develop new suppliers.
• Conduct supplier assessments and performance reviews.
• Maintain strong supplier relationships to ensure continuity of supply.
• Support vendor audits and compliance activities.
• Resolve supplier-related issues including quality concerns and delivery delays.

5. Purchase Order & Documentation

• Create and process Purchase Requisitions (PRs) and Purchase Orders (POs).
• Follow procurement approval workflows and company policies.
• Ensure accurate procurement records, contracts, and supplier documentation.
• Ensure timely release of vendors Payment.

6. Cost Management & Negotiation

• Achieve annual cost-saving and value-engineering targets.
• Conduct RFQs, RFPs, and reverse auctions where applicable.
• Prepare cost comparisons and negotiation strategies.
• Identify opportunities for supplier consolidation and process improvement.

7. Inventory & Supply Planning

• Monitor inventory levels, safety stocks, and reorder points.
• Collaborate with Supply Chain and Stores teams to optimize inventory.
• Manage procurement planning based on forecasted demand and consumption patterns.

8. Compliance & Reporting

• Ensure compliance with procurement policies, contracts, and statutory requirements.
• Maintain procurement KPIs and periodic reports.
• Support internal and external audits.
• Adhere to ethical sourcing and corporate governance standards.