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Senior Specialist Procurement
5-10 years
Bangalore / Bengaluru
1 vacancy
Senior Specialist Procurement
Infineon Technologies
posted 5hr ago
Job Description
- As a Procurement Specialist, your role is to oversee the purchasing process for goods and services required by an organization
- You will be responsible for identifying suppliers, negotiating contracts, and ensuring timely delivery of quality products and services
- Your primary goal is to optimize procurement activities and contribute to the overall efficiency and cost-effectiveness of the organization
- Key Responsibilities : Supplier Management : Identify, evaluate, and select suppliers based on quality, cost, reliability, and delivery requirements
- Develop and maintain strong relationships with suppliers to ensure favorable terms, negotiate contracts, and resolve issues
- Monitor supplier performance and conduct periodic evaluations to ensure compliance with contractual agreements and quality standards
- Sourcing and Procurement : Conduct market research and analysis to identify potential vendors and assess market trends, pricing, and availability of goods and services
- Collaborate with internal stakeholders to define procurement requirements, specifications, and budgets
- Prepare and issue requests for proposals (RFPs), requests for quotations (RFQs), and requests for information (RFIs) to solicit competitive bids
- Evaluate vendor proposals and negotiate terms and conditions to achieve the best value for the organization
- Generate purchase orders, review purchase requisitions, and ensure compliance with organizational policies and procedures
- Manage the procurement process from order placement to delivery, ensuring timely and accurate fulfillment of orders
- Coordinate with receiving and accounts payable departments to resolve any discrepancies or issues related to purchased items
- Contract Management : Develop and maintain contracts with suppliers, including terms and conditions, pricing, delivery schedules, and service level agreements
- Review and negotiate contract amendments, extensions, and renewals as necessary
- Ensure compliance with contract terms, legal requirements, and ethical standards
- Continuous Improvement : Identify opportunities for cost savings, process improvements, and supplier performance enhancements
- Stay updated on industry trends, best practices, and new technologies in procurement and supply chain management
- Collaborate with cross-functional teams to implement process improvements and contribute to overall organizational efficiency
Employment Type: Full Time, Permanent
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Flexible timing
Monday to Friday
No travel
Day Shift
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