Executive - Procurement

Date: 17 Jan 2025

Location: IN

Company: Coats

Executive - Procurement

Role Purpose

 

To handle the strategic sourcing & transaction procurement of Service Contracts & Consumable Procurement.

 

 

Principal Accountabilities and Key Activities:

 

  • To drive the category strategy for identified categories
  • To identify & onboard vendors
  • To negotiate Price, Payment Terms, and other T&C as per COATS Procurement Policy.
  • Sourcing related Rentals of Office, Security Services, manpower Supply Contract Services, Facilities Management Services, Professional business services, Marketing and Media requirements and IT, HR & Admin related requirements.
  • Vendor Count Consolidation - Develop innovative sourcing solutions including Integrated Supply Service providers / aggregators, and drive buying through Catalogue / e-Catalogue
  • Creative methods of tail spend management.
  • Generating Purchase orders for all materials and services (including imports)
  • Raising request for vendor advance payment and create a ticket for new item codes (material master) in SNOW.
  • Communication of PO and advance payment details to suppliers
  • Following – up with suppliers for delivery.
  • Supplier Performance Management.
  • Drive Digitalisation within Procurement like e-RFQ, e-Auctions, e-Catalogues

 

Education, Qualifications and Experience

 

 

  • Knowledge and understanding of:
  • SAP MM Module
  • Basic MS Excel required, Advanced Skills (preferred)
  • P2P Processes
  • Audit / Compliance Processes
  • Digital Tools / Skills (preferred)

Experience

  • B.E/B.Tech – Civil / Mechanical / Electrical
  • Minimum of 5 years’ experience in Sourcing/Transaction (or) Vendor Management (or) Project Management.

Skills & Abilities

  • Drive and Hunger to Succeed
  • Persuasion / Negotiation
  • Excellent communication skills, proficient in English and Tamil
  • Detailing and result orientation
  • Ability to work in matrix organisation