Sr.Executive – Procurement

Job Description

• International Sourcing and Supplier Management
• Negotiate contracts, prices, payment terms, and delivery schedules with international suppliers.
• Assess and monitor the performance of foreign suppliers, ensuring quality and timely delivery.
• Build and maintain strong relationships with foreign suppliers
• Identify and evaluate potential international suppliers and vendors.
• Import Compliance and Regulations
• Ensure compliance with all import regulations, including customs duties, tariffs, and trade agreements.
• Coordinate with forwarding and clearing agents for customs clearance and transit.
• Prepare and manage the necessary documentation for importing goods
• Stay updated on changes in international trade regulations and ensure the organization complies with all relevant laws.
• Cost Management
• Analyze market trends and conditions to identify opportunities for cost reduction.
• Develop and implement cost-saving initiatives and strategies.
• Monitor and report on the effectiveness of procurement strategies in meeting financial goals.
• Implement cost-saving initiatives without compromising on quality or delivery timelines.
• Develop strategies for cost-effective import procurement, considering factors such as tariffs, shipping costs, and currency exchange rates.
• Risk Management
• Identify risks in the supply chain and develop strategies to mitigate them
• Develop contingency plans to address potential disruptions in the supply chain.
• Monitor and manage the financial risks involved in international transactions, including currency exchange rates and payment methods.
• Team Leadership and Development
• Lead, mentor, and develop a team of procurement professionals.
• Set performance objectives and provide regular feedback and training.
• Stakeholder Collaboration
• Work closely with internal stakeholders’ finance and operations teams to align import procurement strategies with overall business goals.
• Communicate and coordinate with other departments regarding the status of imported goods and any potential delays
• Provide regular updates on import procurement activities to senior management

Requirements

• Any Graduation or Above
• Minimum 2-4 Years Experience in Import Goods and International Logistics
• Any ERP experience in the Purchase Module
• Any Certification in Procurement/Imports&Exports/International Logistics (Preferable)
• Computer Literate good in Excel and Data Analytics
• Manufacturing Companies Experience is Preferable