Procurement Officer

Location: TS, AP, KA, TN, KL -India

Employment Type: Full-time

Salary Range: 30k – 35k / month

Job Overview

We are seeking an ambitious, data-driven, and results-oriented Local Procurement Officer, in Supply Chain. The Local Procurement Officer will be responsible for sourcing, negotiating, and procuring materials from local suppliers within the assigned region. This critical role will focus on building relationships with local vendors, ensuring the timely supply of materials, and maintaining quality and cost standards. Will play a critical role in supporting Banyan Nation’s supply chain operations by ensuring seamless procurement activities at regional level.

Key Responsibilities:

1. Local Supplier Sourcing & Management

• Identify and onboard new local suppliers to meet regional procurement needs.
• Build and maintain strong relationships with local vendors and ensure long-term partnerships.
• Negotiate pricing, terms, and conditions with suppliers to secure favourable agreements.

2. Material Procurement

• Procure materials in alignment with Banyan Nation’s quality and sustainability standards.
• Ensure timely delivery of materials in coordination with suppliers and the logistics team.
• Track and monitor procurement activities, ensuring adherence to planned timelines and budgets.

3. Supplier Performance Monitoring

• Assess supplier performance based on delivery timelines, material quality, and cost efficiency.
• Provide feedback to suppliers to improve performance and address any recurring issues.
• Collaborate with the Quality and Logistics teams to resolve any supplier-related concerns.

4. Cost Control & Budget Management

• Monitor procurement costs and identify opportunities for cost savings within the region.
• Ensure that all purchases are within budget and align with the company’s financial goals.
• Work with the finance team to ensure timely and accurate supplier payments.

5. Compliance & Documentation

• Ensure compliance with Banyan Nation’s procurement policies, procedures, and environmental guidelines.
• Maintain accurate procurement records, including contracts, invoices, and delivery receipts.
• Support audits and provide documentation for any compliance or regulatory requirements.

6. Market Research & Analysis

• Conduct market research to identify potential new suppliers and trends within the local procurement market.
• Provide insights on local market conditions, pricing trends, and supplier performance.
• Recommend strategies for procurement efficiency and cost optimization.

Qualifications:

• Bachelor’s degree in supply chain management, Business Administration, or a related field.
• 3+ years of experience in procurement, supply chain, or vendor management, preferably in a regional role.
• Strong negotiation skills and experience managing supplier relationships.

Preferred Qualifications:

• Strong attention to detail and problem-solving skills.
• Good communication skills for cross-functional collaboration and supplier management.
• Ability to work independently and handle quality-related challenges.