Supplybear Industrial Products Pvt Ltd Chennai, Tamil Nadu

Responsible for identifying and screening vendors,negotiating terms and conditions favorable to organisation, driving improved supplier service levels,minimizing risk while improving business results, standardizing and automating business and procurement best practice processes. Roles & Responsibilities: -Leads the procurement function and oversees all aspects of purchasing, negotiations, strategy,tool and process implementation for procurement related to goods -Provides leadership and direction to the procurement organization. Manages and develops resources to deliver business partner satisfaction and achievement of overall business and financial objectives -Negotiates favorable contractual terms and conditions for company with vendors. -Delivers on cost reduction commitments through the identification, development and execution of strategic sourcing initiatives -Supports Sales Organization in strategic situations -Develops and implements efficiencies, standardized tools, practices and procedures shortening the quotation,RFP and decision making and evaluation time -Leads development and execution of a performance driven supplier management process resulting in structured feedback, -Develops, implements and maintains procurement policies and review on a regular basis to ensure relevance and conformance with best practices and ensure compliance with internal and regulatory policies, including Sarbanes-Oxley -Establishes Total Cost of Ownership (TCO) practices and reinforces through regular benchmarking, periodic RFP's, and supplier performance metrics reporting -Functional Area: Liasion, Merchandising / Sourcing -Industry: Import / Trading / Industrial Supplies