Hiring Finished Goods Sourcing / Procurement Delhi Ho (India)

Base Location: Delhi HO Business Unit: Procurement Role & responsibilities Vendor Selection and Evaluation: Identify potential vendors that align with the organization's procurement goals and requirements. Evaluate vendors based on criteria such as quality, cost, reliability, and service levels. Collaborate with cross-functional teams to determine the suitability of vendors for specific projects or needs. Contract Negotiation, Cost Negotiations and Supply Management: Negotiate favourable terms and conditions with vendors, ensuring competitive pricing, favourable payment terms, and appropriate service level agreements. Plan, organise and ensure supplies in line with S&OP; Plan. Zero bases and BOM Base costing for FG and RM Monitor and manage vendor contracts, including renewals, amendments, and terminations, ensuring compliance with contractual obligations. Awareness on import process, commercial transaction and documentation Relationship Building and Management: Establish and maintain solid relationships with key vendors, serving as the primary point of contact for any issues, escalations, or inquiries. Conduct regular vendor performance reviews and provide feedback to vendors on their performance, addressing any concerns or areas for improvement. Collaborate with vendors to identify prospects for continuous improvement, cost savings, and process efficiencies. Risk Management: Assess and mitigate risks associated with vendor relationships, including vendor financial stability, quality control, delivery delays, and regulatory compliance. Develop and implement risk mitigation strategies and contingency plans to minimize potential disruptions to the procurement process. Analyze vendor performance metrics, such as delivery times, product quality, and pricing trends. De-risking the single supplie .