Procurement

Acme Services Private Limited; Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Acme Services Private Limited seeks a procurement professional to manage sourcing of raw materials, packaging, and spare parts for overseas manufacturing operations, develop ARCs, and drive supplier competitiveness. You will prepare RFQs/RFPs, evaluate suppliers, negotiate terms, monitor spend, optimize inventory, and coordinate with logistics to ensure on-time delivery and compliant procurement practices.

This role requires cross-functional collaboration with Finance, Quality, and Operations to

Qualifications

• Experience in sourcing raw materials, packaging, and critical materials for overseas manufacturing.
• Ability to develop and manage Annual Rate Contracts (ARCs) for favorable pricing and terms.
• Proven track record in preparing, issuing, and evaluating RFQs/RFPs with supplier comparisons.

Responsibilities

• Manage sourcing and procurement of materials for overseas manufacturing.
• Develop and manage ARCs to ensure competitive pricing and terms.
• Prepare, issue and evaluate RFQs/RFPs based on technical, pricing, and lead-time criteria.
• Generate POs from approved requisitions and negotiated terms.
• Identify reliable suppliers and maintain a multi-supplier strategy.
• Lead supplier negotiations on pricing, terms, and delivery.
• Drive cost savings and optimization initiatives across categories.
• Analyze procurement spend to identify savings opportunities.
• Monitor inventory aging and optimize safety stock.
• Coordinate with logistics for import/export shipments and on-time delivery.
• Develop supplier relationships and monitor performance via KPIs and reviews.
• Conduct quarterly supplier performance reviews on cost, quality, and delivery.
• Resolve supply-chain issues to ensure uninterrupted operations.
• Coordinate with Finance, Warehouse, Quality, Engineering, and Ops for GRNs and payments.
• Ensure compliance with policies, contracts, and audit requirements.
• Implement procurement risk-management strategies including dual sourcing and contingency planning.

Skills

Sourcing & Procurement

Vendor Management

Negotiation

Cost Optimization

Spend Analysis

Inventory Management

Logistics Coordination

RFQ/RFP Management

Cross-functional Collaboration

Job description

Job Description:

• Manage sourcing and procurement of raw materials, packaging materials, spare parts, and other critical materials for overseas manufacturing operations.

• Develop and manage Annual Rate Contracts (ARCs) to ensure competitive pricing, uninterrupted supply, and favorable commercial terms.

• Prepare, issue, and evaluate RFQs/RFPs, comparing suppliers based on technical specifications, pricing, quality, lead time, capacity, and commercial terms.

• Generate and process Purchase Orders (POs) based on approved purchase requisitions, technical evaluations, and negotiated commercial terms.

• Identify and develop reliable suppliers while maintaining a multi-supplier strategy for critical categories to minimize supply and business risks.

• Lead commercial negotiations with suppliers for pricing, payment terms, lead times, contracts, and other commercial conditions.

• Drive cost savings and cost optimization initiatives, targeting measurable savings across assigned categories.

• Analyze procurement spend by category, supplier, contract, material, and business unit to identify savings and sourcing opportunities.

• Monitor inventory -aging reports, optimizing safety stock and reducing aged, excess, and blocked inventory

• Coordinate with logistics teams for import/export shipments, customs clearance, documentation, and delivery, ensuring high on-time delivery performance.

• Develop and maintain strong supplier relationships, monitoring supplier performance through KPIs, scorecards, and periodic business reviews.

• Conduct quarterly supplier performance reviews covering cost, quality, delivery, responsiveness, and service levels.

• Proactively resolve supply-chain issues including delivery delays, quality problems, shortages, and supplier constraints to ensure uninterrupted operations.

• Coordinate with Finance, Warehouse, Quality, Engineering, and Operations to ensure accurate GRNs, invoice matching, and timely supplier payments.

• Ensure procurement activities comply with company policies, contractual requirements, quality standards, and audit requirements.

• Implement procurement risk-management strategies, including alternate suppliers, dual sourcing, supplier development, and contingency planning