1. Key Responsibilities:
Procurement Management: Sourcing and purchasing materials, goods, or services required for the company at optimal cost and quality.
Vendor Management: Identify, evaluate, and maintain relationships with suppliers and negotiate contracts.
Inventory Control: Collaborate with inventory and production teams to ensure sufficient stock levels without overstocking.
Cost Optimization: Analyze market trends, supplier prices, and procurement processes to reduce costs.
Quality Assurance: Ensure purchased goods meet required standards and specifications.
Purchase Strategy: Develop and implement strategic sourcing plans aligned with company goals.
Cross-functional Collaboration: Work with finance, operations, and production teams to streamline procurement processes.
In addition to the base salary, Senior Buyers often receive various benefits, which may include:
Health Insurance: Coverage for medical expenses
Paid Time Off: Annual leave and public holidays
Bonuses: Performance-based incentives
Retirement Benefits: Provident Fund (PF) and gratuity
Employee Discounts: Discounts on company products or services
Professional Development: Opportunities for training and certifications
Work-Life Balance Initiatives: Flexible working hours or remote work options
Target Market: Budget-conscious consumers, tier-2 and tier-3 cities in India Product Categories: Apparel: Men, Women, Kids General Merchandise: Household items, kitchenware, accessories FMCG: Groceries, personal care, cleaning... Read More