Procurement Specialist I
Astreya Consultancy India Private Ltd · Hyderabad, India
About The Role
What this Job Entails
The Procurement Specialist I will execute purchases of assets & accessories for global locations, with emphasis on meeting corporate targets for cost reduction, on time delivery, inventory reduction, lead-time reduction, & customer focus.
Scope
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- Resolves a wide range of issues in creative ways
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- Seasoned, experienced professional with a full understanding of their speciality
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- Works on problems of a diverse scope
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- Receives little instruction on day to day work, general instruction on new assignments
Your Roles and Responsibilities
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Prepare purchase requisitions, seeking appropriate approvals & escalation, and issue purchase orders in accordance with company policy and negotiated terms and conditions.
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Continuously audit data integrity for accuracy within the ERP system to include min/max levels, PO, cost, quantity on order, and lead times, and any other material information needed to be able to purchase each item & manage inventory effectively.
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Ensure timely order processing, delivery and shipment of materials to meet the schedule requirements, while preventing overstock situations.
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Liaise closely with internal business partners to ensure requirements are understood and met in a timely manner.
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Establish, maintain and develop good business relationships with global team & stakeholders, while supporting company values and standards.
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Collaborate, identify gaps, & make recommendations for continuous improvement in process, system, reporting, order accuracy & efficiency, while providing supporting data & reports.
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Engage in analysis of beta testing & implementations of order process improvements with clear metrics of success, updating process documentation accordingly.
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Take responsibility for developing/refining training materials & participate in training of the global team.
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Participate in monitoring and evaluation of vendor performance & supply chain while participating in improvement activities that will optimize the supply of materials in an efficient manner.
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Assist Accounting and Receiving departments in ensuring accuracy of billing accounts and resolving issues.
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Collaborate with the company’s global teams to ensure business requirements are met & all issues resolved in a timely manner.
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Utilize comprehensive understanding of business requirements, supply chain, manufacturing processes & external factors to optimize ordering & inventory management.
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Other duties as required. This list is not meant to be a comprehensive inventory of all responsibilities assigned to this position.
Required Qualifications/Skills
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- Bachelor’s degree (B.S/B.A) from four-college or university and 5 to 8 years’ related experience and/or training; or equivalent combination of education and experience
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- Networks with senior internal and external personnel in own area of expertise
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- Demonstrates good judgment in selecting methods and techniques for obtaining solutions
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- Experience working with MRP systems, Internet, office/document software and database query on multiple platforms
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- Deep understanding of spreadsheet/reporting manipulation, including pivot tables, functions (i.e. vlookup/trim/concatenate/etc), & understanding of automation tools (i.e. macros)
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- Experience with process improvement & cost savings in a corporate purchasing department
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- Ability to engage in clear communication with cross functional global teams through presentations & documentation that get results.
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- Ability to exhibit professionalism when collaborating with global teams & stakeholders.
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- High energy & creative critical thinking partnered with results-oriented attitude.
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- Strong planning, organization, prioritization and consistent execution skills in a fast paced, dynamic environment.
Preferred Qualifications
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- Ability to develop and maintain excellent working relationships with all assigned levels with the vendor/customer and both within and outside the company
Physical Demand & Work Environment
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- Must have the ability to perform office-related tasks which may include prolonged sitting or standing
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- Must have the ability to move from place to place within an office environment
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- Must be able to use a computer
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- Must have the ability to communicate effectively
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- Some positions may require occasional repetitive motion or movements of the wrists, hands, and/or fingers
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