Procurement Consultant

5 - 8 years

5 - 8 Lacs

Posted:2 months ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

We are seeking an experienced and detail-oriented Procurement Consultant to join our dynamic team. The ideal candidate will have a robust background in procurement processes, supplier management, and strategic sourcing. As a Procurement Consultant, you will be responsible for optimizing our procurement operations, driving cost efficiencies, and ensuring compliance with industry standards. This role requires excellent analytical skills, negotiation expertise, and the ability to work collaboratively across various departments. Key Responsibilities: Analyze existing procurement processes and identify opportunities for improvement to enhance efficiency and effectiveness. Develop and implement procurement strategies that align with organizational goals and budget constraints. Conduct market research to identify potential suppliers, evaluating them based on quality, cost, delivery, and reliability. Negotiate contracts and agreements with suppliers and vendors to secure advantageous terms and conditions. Monitor supplier performance and compliance, ensuring they meet the agreed-upon service levels and quality standards. Collaborate with various departments, including finance, legal, and operations, to ensure procurement activities align with overall business objectives. Provide expertise in risk management related to procurement activities and supplier relationships. Prepare reports and presentations for stakeholders, summarizing procurement trends, challenges, and opportunities. Stay updated on industry trends and best practices in procurement and supply chain management. Offer training and support to internal teams on procurement processes and tools. Qualifications: Bachelor s degree in Business Administration, Supply Chain Management, or a related field; a Master s degree or relevant certification (e.g., CIPS, CPSM) is a plus. Proven experience (typically 3+ years) in procurement, sourcing, or supply chain consulting. Strong negotiation and contract management skills with a track record of successful supplier engagement. Excellent analytical and problem-solving abilities with a keen attention to detail. Proficient in procurement software and tools (e.g., SAP Ariba, Coupa), and Microsoft Office Suite. Strong interpersonal and communication skills, capable of building relationships with internal stakeholders and external suppliers. Ability to work independently and collaboratively in a fast-paced environment. Preferred Skills: Experience in [insert specific industry or sector, e.g., manufacturing, IT, healthcare]. Familiarity with sustainability and ethical sourcing practices. Understanding of relevant regulations and compliance standards in procurement.

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