Assistant Manager / Manager - Domestic Sourcing (Metal Scraps)
at New age raw material sourcing platform
Location = Delhi / Bengaluru
Profile = Assistant Manager / Manager - International & Domestic Sourcing (Metal Scraps). This is an urgent requirement.
Below are strict criterias.
1. Should have 4+ years of experience in international & domestic sourcing / purchasing / procurement of Aluminium / Metal / Alloy Scraps of various kinds i.e; Tense, Troma, TT, Zorba.
2. Should've travelled to international locations for aforesaid sourcing purpose. (not strict).
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Company Overview
BXI (Barter Exchange of India) is a Barter Market Place Platform, catering to a B2B community of brands, business units, and organizations. Operating on the philosophy of "Give What You Have - Take What You Need," BXI runs a membership model that serves as a one-stop digital platform for various categories. Members exchange services and products with other members using Barter Trade Coins (BTC), facilitating a vibrant ecosystem. The headquarters is located in Mumbai, and the company operates within the business service industry.
Job Overview
We are looking for a mid-level Procurement Specialist to join our dynamic team at BXI - Barter Exchange of India. This full-time role is based in Mumbai, Mumbai Suburban, Thane, or Bandra. The candidate should have a maximum of 6 years of relevant work experience. The role involves managing procurement activities, including risk management, product analysis, and pricing analysis, essential for our unique barter marketplace.
Qualifications and Skills
- Strong experience in risk management (Mandatory skill), enabling the anticipation and mitigation of procurement risks.
- Proficient in product analysis (Mandatory skill), to evaluate and select the best products for the barter marketplace.
- Skilled in pricing analysis (Mandatory skill) ensuring the value trades align with market standards.
- Excellent negotiation skills to ensure favorable terms in all procurement deals.
- Ability to perform cost analysis to identify and implement cost-saving opportunities.
- Capable of conducting extensive market research to stay ahead of industry trends and make informed procurement decisions.
- Excellent communication skills, essential for coordinating with various stakeholders and ensuring smooth procurement processes.
- Experience in inventory analysis to maintain optimal inventory levels while minimizing costs.
Roles and Responsibilities
- Manage the complete procurement process, from sourcing and evaluation to contract negotiation and purchasing.
- Perform risk management for potential supplier issues, market fluctuations, and other procurement risks.
- Conduct detailed product analysis to ensure products meet the company's quality and performance standards.
- Conduct pricing analysis to ensure fair value trades and manage the budget effectively.
- Negotiate contracts and terms with suppliers to secure the best possible terms and conditions.
- Analyze inventory levels, monitor stock availability, and ensure optimal supply to meet the company's needs without overstocking.
Our client is a Delhi based healthcare platform that is dedicated to Ayurveda and provides wellness solutions to its customers that is tailored and fine-tuned to their requirements. They have created a unique balance of Ayurvedic herbs and western medicine to come up with courses and medical advice which will not only rid their patients of the illness but also helps them bring the body back into balance.
Their services are available across the globe, with over 65% of their client base being from US, UK, and Canada. The company's primary focus is on Ayurveda and taking the ancient knowledge to anyone who wishes to bring back balance to their health and apply the tools in their everyday life.
As the SCM Manager, you will be managing procurement of product, packaging and services for all ongoing and future brand launches.
- Leading & driving the identification and development of suppliers & vendors, negotiations to get better commercial terms & value
- Supporting in implementing comprehensive procurement and commercial/contracts for supplies & services for product development and manufacturing activities. Working closely with Legal team to ensure finalizing agreements/contracts appropriately in the interest of the organisation.
- Proactively engaging with suppliers & vendors to ensure timely delivery of products.
- Ensuring that the development and execution of Procurement and Commercial strategies are aligned with company’s business objectives and in line with the overall budgeted costs.
- Shaping policies for effective and efficient procedures for management of procurements and improving quality.
- Managing logistics for timely & effective management of supplies.
- Driving & supporting the administrative aspects for procurement including ensuring timely billing, reconciliation of bills with supplies or services provided. Working with finance function for statutory taxations and compliance norms etc to be followed by suppliers, vendors, subcontractors etc.
- Managing warehouse operations.
- Ensuring smooth daily work of warehouse operations and logistics processes, controlling, managing and monitoring inventory, ensuring adequate stock levels, ensuring all deliveries are dispatched on time, coordinating with the Logistics manager and management for any requirements. Strategizing for optimum utilization of warehouse infrastructure.
- Coordinating and Managing QC of products and ensuring that the reports are approved timely.
- Monitoring and documenting everyday activities of units and ensuring efficient working of both manufacturing and packaging department and ensuring continuous improvement in the same.
- Providing the necessary support to enable effective governance of inventory management rules, including definition of inventory categories and ownership matrices.
- Taking ownership for various inventory tracking reports and their respective KPIs
- Helping set data quality requirements to enable and maintain an effective executive oversight for inventory management throughout the enterprise
What you need to have:
- Experience in FMCG industry, Food & Beverage
- Capable of handling projects and decision making independently, should be strong on project execution skills
- Knowledge of excel.
- Skills:
- Negotiation
- Quality Check (production aesthetic)
- Global sourcing
- Communication
- Basic understanding of costing
The founders are alumnus of prestigious tech and business institutes, with expertise and experience with ECommerce and distribution facilities. They have ensured quality and fashion with the factory price tag, that works best when shared rapidly with communities on social networking.
What you will do:
- Creating vendor-wise PO based on the total production requirement
- Raising PO to the vendors and following up with them for timely dispatch
- Managing the dispatches and deliveries of the items being ordered to the vendors
- Engaging with the logistics service providers to ensure timely delivery of the goods
- Supervising QC of the items received at factory
- Identifying the gaps in invoice and actual receipt and escalating to senior management
- Identifying new vendors for the required raw materials
Desired Candidate Profile
What you need to have:- Bachelor’s Degree
- Good Hindi speaking skills
- Knowledge in Kannada
- Strong learning and ‘can-do’ attitude
- Experience of working in factory or warehouse
- Good verbal communication skills
- Ability to multi-task
- Excellent command over MS Excel
What you will do:
- Identifying and developing potential suppliers
- Monitoring project budget, process budget and forecasting cash flow requirements
- Preparing and processing purchase orders and documents in accordance with company policies and procedures and sending the same to suppliers and sub-contractors
- Following-up with the vendors to check the status of outstanding orders in conjunction with the expeditor and ensuring that outstanding commitments are accurately reflected in the supply chain system
- Renewing contracts and software licenses within the due date
- Verifying of payment claim form based on PO and invoice
- Liaisoning with the finance team and ensuring timely release of payments
- Obtaining payment details from finance and reconciling with vendors
- Developing long-term partnerships with suppliers, negotiating contracts and managing day-to-day supplier performance to ensure meeting of service, cost, delivery and quality norms
- Evaluating vendor performance based on PQD (Product/ Quality/ Delivery) for higher quality of services from vendors in liaison with user departments
- Retaining/ deleting of vendors based on vendor performance evaluation
- Reviewing of RFPs, POs released which are not executed completely
- Providing MIS report to Managers about transactions made against each category
What you need to have:
- Preferred Work experience in electronic accessories
- Experience in sourcing, vendor development, purchase
- Handled electronic components, PCB, mechanical parts
- Ability to get or suggest best low-cost components
- Knowledge about import, export, costing, projects
We are looking for a https://www.linkedin.com/feed/hashtag/?keywords=purchaseengineer&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6820658534355607552">#PurchaseEngineer to buy products that are essential for our company’s day-to-day operations. You will review prices and quality and ensure optimal stock levels.
https://www.linkedin.com/feed/hashtag/?keywords=experience&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6820658534355607552">#Experience: 4yr to 6yr
https://www.linkedin.com/feed/hashtag/?keywords=education&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6820658534355607552">#Education: Degree in Mechanical / Electrical Engineering
https://www.linkedin.com/feed/hashtag/?keywords=location&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6820658534355607552">#Location: Rakanpur, Gandhinagar
https://www.linkedin.com/feed/hashtag/?keywords=requiredskills&highlightedUpdateUrns=urn%3Ali%3Aactivity%3A6820658534355607552">#requiredskills :
Experience in Specifically machine shop items for machines (like VMC, CNC) and if possible foundry knowledge will be added advantage, Experience in an engineering, procurement and operations, Effective verbal and written communication skills, Proficiency with personal computers and networking, specifically Microsoft Excel, Knowledge and direct experience in negotiating contracts and quotations with Contract Manufacturers and Suppliers, Ability to identify cost reduction opportunities