Senior Analyst, Procurement

About the Role

Senior Analyst - Procurement position will be based in Chennai.

Key Responsibilities

• Maintaining relations with the suppliers.
• Placing orders for necessary raw materials and purchased parts according to production requirements.
• Receiving and handling confirmations.
• Checking and modifying purchase orders according to production plan changes using the Shortage List and Open Purchase Order List.
• Tracking shipments and urging them if needed.
• Weekly check of stocks, avoiding overstock.
• Minimizing risk of obsolescence with weekly check of the obsolete report.
• Correspondence with freight forwarders, warehouses, and organizing transportation.
• Dealing with claims and settling debit and credit issues.
• Filing and recording all necessary documents.
• Checking inventory of critical materials according to the Shortage List.
• Modifying inventory discrepancies with warehouse personnel.
• Handling purchasing data privacy.
• Assuring all active components are available according to production needs, in time, and at the agreed price.
• Reviews requisitions and MRP output.
• Confers with vendors to obtain product information such as price, availability, and delivery schedule.
• Orders, reschedules, and cancels material based on requisitions and MRP output.
• Maintains procurement records such as items purchased, costs, delivery, and inventories.
• Manages supplier to price, delivery, and quality expectations and escalates when appropriate.
• Approves invoices for payment.
• Investigates inventory levels.
• Monitors the movement of materials through the production cycle.
• Conducts quarterly supplier reviews.
• Maintains procurement records, reports, and metrics.

Requirements & Tech Stack

• Working usage of Word, Excel, and Power Point.
• English language knowledge.
• Data entry.
• Ten-key.
• Spreadsheet (PC).
• ERP software.

Qualifications

• Bachelor’s degree or equivalent experience.
• Ability to read and comprehend instructions, correspondence, and memos.
• Ability to write simple correspondence.
• Ability to effectively present information in one-on-one and small group situations.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
• Ability to apply common sense comprehension to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.

Benefits

• Health Insurance
• Paid Time Off