Procurement Manager

Key Responsibilities

• 7+ years of experience as a purchasing manager within the Indian market. Min 1 to 2 yr in Biomedical Capex
• In-depth knowledge of procurement principles, strategies and best practices.
• Demonstrable experience in the local market and familiarity with local suppliers and sourcing channels.
• Strong skills in budgeting, cost optimisation and negotiation techniques.
• Knowledge of vendor management and inventory management systems.
• Proficiency in using procurement software and systems.
• Knowledge of local and national laws and regulations related to procurement.
• Willingness to work in a fast-paced and competitive environment.

Basic Job Profile:

• Implement procurement systems and tools to streamline processes and enhance efficiency.
• Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.
• Manage supplier relationships, including regular communication, performance evaluations and issue resolution.
• Collaborate with internal stakeholders to understand their requirements and develop procurement plans accordingly.
• Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.
• Prepare and present reports on procurement activities, performance metrics and cost savings to higher management.
• Develop and maintain procurement metrics to track performance, identify areas for improvement and report on sourcing effectiveness.
• Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to sourcing activities.

Required Qualifications & Skills

• Education: Bachelor’s degree in Biomedical Engineering, Supply Chain Management, or a related field.