Senior Procurement Manager
Prestige Group · Bengaluru, Karnataka, India
Prestige Group · Bengaluru, Karnataka, India
Skills - Proven experience in procurement within the manufacturing sector, preferably in interiors (furniture, interior design, joinery, carpentry, woodwork, etc.). - Strong negotiation skills and the ability to build and maintain vendor relationships. - In-depth knowledge of procurement strategies, cost analysis, and supply chain management. - Excellent communication skills, both verbal and written. - Strategic thinking and problem-solving abilities. - High attention to detail and accuracy in procurement processes. Collaborative and adaptable working style. Job Profile - Identify, assess, and manage relationships with suppliers to ensure a robust and diverse vendor base. - Negotiate favorable terms, contracts, and service level agreements with suppliers to achieve cost savings and quality assurance. - Develop and implement procurement strategies aligned with the company's objectives. - Conduct market research to stay abreast of industry trends and identify potential new suppliers. - Analyze costs, negotiate pricing, and implement cost-effective measures without compromising quality. - Collaborate with the finance team to create and manage procurement budgets. - Streamline and optimize procurement processes for efficiency and effectiveness. - Implement best practices in procurement and contribute to continuous improvement initiatives. - Collaborate with Quality Control teams to ensure that procured materials meet the required standards. - Implement and maintain a robust quality assurance process within the procurement function. - Identify and mitigate potential risks associated with procurement activities. - Develop contingency plans to address supply chain disruptions and ensure business continuity. - Work closely with cross-functional teams, including Operations, Contracts & Billing, and Project Management. - Communicate effectively with internal stakeholders and suppliers to ensure alignment with project timelines and objectives. - Ensure compliance with relevant regulations and industry standards in all procurement activities.