Total No. of Applicants: 1
Job Information
Date Posted
7 hours ago
No. of Vacancies
1
Location
Delhi, Delhi, India
Industry
Medical Equipment
Department
purchase
Designation
Purchase & stores manager
Experience
4-5 years
Salary
3-6 Lakhs
Job Description
- Vendor Management
- Identify, evaluate, and maintain relationships with reliable suppliers.
- Ensure vendor compliance with quality, delivery, and pricing agreements.
- Conduct regular vendor performance reviews.
- Cost Optimization
- Achieve cost savings through effective negotiation and strategic sourcing.
- Monitor and reduce procurement-related expenses.
- Implement bulk purchase strategies or long-term contracts to reduce costs.
- Procurement Planning & Budget Adherence
- Forecast material requirements in collaboration with other departments.
- Ensure purchases align with approved budgets and procurement plans.
- Avoid overstocking or understocking situations.
- Quality Assurance
- Ensure procured goods/services meet defined quality standards.
- Coordinate with QA/production teams to handle quality discrepancies.
- Implement corrective actions for non-conforming materials.
- Timely Procurement
- Ensure timely procurement and delivery of goods and services.
- Reduce lead time and avoid delays that can impact production or operations.
- Track and follow up on purchase orders and shipments.
- Inventory Management Coordination
- Collaborate with inventory/warehouse teams to manage stock levels efficiently.
- Maintain optimal inventory turnover ratios.
- Support just-in-time inventory practices where applicable.
- Compliance and Documentation
- Ensure adherence to procurement policies, legal, and regulatory requirements.
- Maintain complete and accurate records of purchase orders, invoices, and contracts.
- Support audit and reporting needs.
- ERP/System Utilization
- Use procurement software or ERP systems effectively for order management.
- Maintain up-to-date data on vendors, products, and procurement transactions.
- Market Intelligence
- Keep updated with market trends, pricing fluctuations, and supply risks.
- Identify alternative sources and emerging suppliers.
- Sustainability & Ethical Sourcing
- Support sustainable procurement practices.
- Ensure ethical sourcing and compliance with labor/environmental standards.
Job Information
Date Posted
7 hours ago
No. of Vacancies
1
Location
Delhi, Delhi, India
Industry
Medical Equipment
Department
purchase
Designation
Purchase & stores manager
Experience
4-5 years
Salary
3-6 Lakhs
About the Company
Founded in 1953, Narula Udyog Group is a pioneering medical equipment company. Operating with a compact team of three, they supply medical and surgical products, specializing in full-service, turnkey hospital setup. They have a significant presence in India and more than 57 other countries.
Expertise Required
Indirect Purchasing