Material Procurement Job Vacancies in Indore

Purchase Manager Cost Savings and Optimization Definition: Measures the effectiveness in negotiating favorable pricing and terms with vendors to achieve cost savings in purchase of raw materials, ingredients and other production requirements. Timeline: Quarterly. Frequency: Quarterly review. Target: Achieve a minimum of 10% cost savings on negotiated contracts compared to previous procurement periods. SOPs: Vendor Negotiation: Negotiate contract terms and pricing to achieve cost savings. Cost Analysis: Analyze pricing data and compare with market benchmarks. Reporting: Document and report cost savings achieved from negotiations and sourcing strategies. Review: Regularly review pricing and procurement strategies to identify further cost-saving opportunities. Order Fulfillment Accuracy Definition: Evaluates the accuracy and timeliness of fulfilling purchase orders, including correct quantities and on-time delivery, priotising on the basis of urgency and necessity. Timeline: Monthly. Frequency: Monthly review. Target: Achieve a 97% or higher order fulfillment accuracy rate. SOPs: Order Management: Track and manage purchase orders to ensure accuracy. Vendor Coordination: Communicate with vendors to confirm order details and delivery schedules. Reporting: Monitor and report on fulfillment accuracy, addressing any discrepancies promptly. Quality Checks: Implement quality checks to verify order accuracy upon receipt. Vendor Performance Evaluation Definition: Assesses the performance of vendors based on delivery timelines, product quality, and overall reliability. Change according to services and needs. Timeline: Quarterly. Frequency: Quarterly review. Target: Maintain a vendor satisfaction score of 90% or higher, based on performance evaluations. SOPs: Vendor Assessment: Evaluate vendors based on delivery performance, product quality, and reliability. Feedback Collection: Collect feedback from internal stakeholders and warehouse staff. Performance Reporting: Prepare and review quarterly reports on vendor performance. Improvement Plans: Develop and implement improvement plans for underperforming vendors. Inventory Turnover Ratio Definition: Measures how efficiently inventory is managed and how often it is turned over within a given period. Timeline: Quarterly. Frequency: Quarterly review. Target: Maintain an inventory turnover ratio of 6 or higher. SOPs: Inventory Monitoring: Regularly monitor inventory levels and turnover rates. Order Planning: Place purchase orders proactively to maintain optimal stock levels. Data Analysis: Analyze inventory data to optimize ordering and reduce excess stock. Reporting: Provide quarterly reports on inventory turnover and recommendations for improvement. Purchase Order Processing Time Definition: Measure the average time taken to process and complete purchase orders from initiation to fulfillment. Timeline: Monthly. Frequency: Monthly review. Target: Achieve an average purchase order processing time of 3 business days or fewer. SOPs: Order Processing: Streamline the process of creating, approving, and placing purchase orders. Vendor Coordination: Ensure timely communication with vendors to expedite processing. Tracking: Monitor and track processing times for all purchase orders. Reporting: Analyze processing times and identify areas for process improvement. Compliance and Record Accuracy Definition: Assesses the accuracy and completeness of procurement records and compliance with company standards and regulations. Timeline: Monthly. Frequency: Monthly review. Target: Achieve 100% accuracy in procurement records and compliance with company policies. SOPs: Record Maintenance: Maintain accurate and up-to-date records of all purchase transactions, including invoices and delivery information. Compliance Checks: Regularly review procurement activities for compliance with company policies and industry regulations. Reporting: Provide monthly reports on record accuracy and compliance status. Audit: Conduct periodic internal audits to ensure ongoing compliance and accuracy. Supplier Diversity Definition: Measures the proportion of procurement spend allocated to diverse suppliers (e.g., minority-owned, women-owned businesses). Timeline: Quarterly. Frequency: Quarterly review. Target: Achieve a minimum of 15% of procurement spend with diverse suppliers. SOPs: Supplier Identification: Identify and evaluate diverse suppliers for potential inclusion in the supply chain. Spend Tracking: Monitor and report on procurement spend with diverse suppliers. Diversity Goals: Develop strategies to increase procurement spend with diverse suppliers. Reporting: Provide quarterly reports on supplier diversity and progress towards goals.

Job Description:1) Logistics Related Activity- Follow up with transport agency for timely delivery of material.2) Incorporate product quality specification into purchase to maintain high quality standards.3) Logistics Related Activity- Follow up with transport agency/suppliers for timely delivery of material.4) Material Inspection & Documentation Making of quality sheet for checking the material5) Inter and intra-department co-ordination and various follow ups.6)Rejected Material Return Process- Returning of material with complete formalities like letter etc.7) Arranging of way bill from A/C Dept and mailing the same to vendor.8) Documentation, MIS updation and Tally ERP- Making Po, Quotation comparison, GRPO I SAP etc and complete import/export documentation work as required.Qualification: B.tech (ME/ Automobile)Experience: 3 Months -2 Years Only

Hiring for 1 Store Executive Job in Indore, with minimum 1 Year Experience,Required Educational Qualification is : I.T.I., B.A, B.C.A, B.B.A, B.Com, B.Ed, B.Pharma, B.Sc with Good knowledge in Data Warehousing, Vendor Development, Dispatch Scheduling, Inward Inspection, Problem Solving, Material Management, Material Procurement, Stores Maintenance, Material Handling, Language Skills etc.

*Candidate should be work experience on construction company*Monitor stock levels and identify purchasing needs*Research potential vendorsTrack orders and ensure timely delivery*Update internal databases with order details (dates, vendors, quantities, discounts)*Conduct market research to identify pricing trendsEvaluate offers from vendors and negotiate better prices*Prepare cost analysesMaintain updated records of invoices and contracts*Follow up with suppliers, as needed, to confirm or change orders*Liaise with warehouse staff to ensure all products arrive in good conditionCandidate should be work experience on construction company

Hiring for 2 Purchase Manager Jobs in Nemawar Road, with minimum 2 Years Experience, Required Educational Qualification is : Other Bachelor Degree with Good knowledge in Material Management, Logistics Warehouse operations, Material Procurement, Purchase Vendor Development, Material Management, Logistics / Warehouse operations, Material Procurement, Purchase Vendor Development etc.,

Job DescriptionWe are looking for a Purchase Associate -Pharma to build supply for existing pharma projects and new initiatives.Purchase Associate-Pharma responsibilities include researching new vendors, negotiating prices, onboarding vendors and maintaining key relationships with the same. Familiarity with pharma supply chain or business development is a plus.Ultimately, you will build a strong network of key pharma players for existing and future projects.We are looking for a smart self-motivated individual who is willing to put extra effort in order to learn and grow the business. We accept individuals to take high levels of ownership and decision making skills. ResponsibilitiesResearch potential vendorsOnboard vendors for our online and offline pharma businesses.Track orders and ensure timely deliveryUpdate internal databases with order details (dates, vendors, quantities, discounts)Conduct market research to identify pricing trendsEvaluate offers from vendors and negotiate better pricesPrepare cost analysesMaintain updated records of invoices and contractsFollow up with suppliers, as needed, to confirm or change ordersVendor relationship managementLiaise with warehouse staff to ensure all products arrive in good condition.Required Skills1+ years' experience in Pharmaceutical Industry.Wholesale Pharma Distributor experience.Should be known about local market of Medicines (Mandis)Able to get new suppliers from Pharma