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Varthur Foundation Trust in Bengaluru is seeking a procurement professional to handle supplier sourcing, negotiations, purchase orders, and inventory management. You will ensure compliance with policies, monitor vendor performance, and analyze costs to drive savings.
Ideal candidates have a Bachelor's degree and proven procurement experience, with strong negotiation, communication, and analytical skills, and willingness to work in the Education domain at Whitefield Kadugodi.
Research and identify potential suppliers to meet the organization's procurement needs.
Negotiate pricing, terms, and conditions with suppliers to secure favourable contracts while maintaining quality and cost-effectiveness.
Generate, review, and manage purchase orders, ensuring accuracy and compliance with company policies and procedures.
Monitor and control inventory levels, optimizing stock levels to prevent shortages and overstock situations.
Collaborate with the quality control department to ensure purchased items meet the required quality standards.
Ensure that all procurement activities adhere to legal and regulatory requirements and company policies.
Analyse supplier quotations and proposals to identify cost-effective procurement options.
Work within allocated budgets, seeking cost-effective solutions to meet the organization's procurement needs
Evaluate supplier performance through key performance indicators (KPIs) and take corrective actions when necessary.
Stay informed about market trends, industry developments, and changes in supplier pricing and availability.
Prepare regular reports on procurement activities, spending analysis, and cost savings.
Bachelor's degree.
Proven experience in a similar procurement role.
Strong negotiation skills and the ability to build and maintain supplier relationships.
Excellent communication and interpersonal skills.
Knowledge of procurement best practices and market trends.
Attention to detail and strong analytical skills.