Principal Buyer

5 - 9 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Principal Buyer based in Hyderabad, Telangana, India, you will play a crucial role in executing supplier sourcing, supplier management, inventory management, contract negotiation, purchase orders, and providing support for materials and equipment requirements of the company. Your responsibilities will involve collaborating with key individuals to ensure clarity of specifications and expectations, building relationships with both internal stakeholders and suppliers, selecting and managing suppliers, developing procurement strategies, managing costs and budgets, handling risk management, and monitoring purchasing key performance indicators (KPIs) based on departmental needs. You will be responsible for running the procurement function for the company, executing purchase orders, managing purchasing contracts, supply agreements, and import/export agreements, as well as tracking and reporting key functional metrics to reduce expenses and enhance effectiveness. Additionally, you will be required to control spending, establish a culture of long-term savings on procurement costs, and possess the following key skills: - Strong negotiation and communication skills - Analytical thinking and problem-solving abilities - Supplier relationship management expertise - Proficiency in procurement software and tools - Understanding of market trends and economic factors - Financial acumen for budget management - Attention to detail for quality control and compliance To qualify for this role, you should hold an MSc in Engineering, Business Management, Supply Chain Management, or a related field. You must have prior experience in purchasing battery materials and CAPEX equipment, managing purchase orders effectively, and coordinating logistics across the entire supply chain, from product development to the shipment of finished items. Strong communication skills, a commitment to building lasting relationships, and a solid understanding of accounting, finance, and legal contracts are also essential for this position.,

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