Deputy Manager

.Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.

• Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.

• Defining procurement objectives and Key Performance Indicators (K.P.I.) and their targets (i.e. savings, e-procurement, on-time delivery, quality, etc.), monitoring the current K.P.I. values and implementing corrective action where necessary;

• Monitoring inventory levels, analyzing demand patterns and implementing inventory management strategies to manage stock levels and avoid shortages or excesses.

• Implement procurement systems and tools to streamline processes and enhance efficiency.

• Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.

• Manage supplier relationships, including regular communication, performance evaluations and issue resolution.

• Taking necessary approval from Concerned Ministry & Customs for releasing the import consignments.

• Collaborate with internal stakeholders to understand their requirements and develop procurement plans accordingly.

• Analyze inventory levels, demand forecasts and consumption patterns to optimize stock levels and reduce carrying costs.

• Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.

• Prepare and present reports on procurement activities, performance metrics and cost savings to higher management.

• Develop and maintain procurement metrics to track performance, identify areas for improvement and report on sourcing effectiveness.

• Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing