Hitesh Rathod

Purchase Manager @Jay Steel Corporation India

Mumbai, IN

Sourcing Suppliers: • Identify and evaluate potential suppliers. • Conduct market research to stay informed about industry trends. Negotiating Contracts: • Negotiate terms and conditions with suppliers to secure favorable agreements. • Ensure contracts align with organizational goals and legal requirements. Vendor Management: • Establish and maintain strong relationships with suppliers. • Monitor and evaluate vendor performance, addressing any issues that arise. Procurement Process Oversight: • Oversee the end-to-end procurement process. • Collaborate with internal departments to understand their procurement needs. Cost Optimization: • Optimize costs while maintaining quality standards. • Identify cost-saving opportunities and implement efficiency measures. Timely Delivery Management: • Ensure timely delivery of goods and services. • Address and resolve any delays or disruptions in the supply chain. Inventory Management: • Monitor and control inventory levels to prevent shortages or excess. • Implement inventory management strategies to enhance efficiency. Market Trend Analysis: • Stay informed about market trends and changes in supplier landscapes. • Adjust procurement strategies based on market dynamics. Compliance and Risk Management: • Ensure compliance with legal and regulatory requirements. • Identify and mitigate potential risks in the procurement process. Budget Management: • Work within budget constraints for procurement activities. • Provide financial reports and analysis related to procurement expenditures. Continuous Improvement: • Implement process improvements to enhance procurement efficiency. • Stay updated on best practices and technologies in procurement. Communication and Reporting: • Communicate effectively with internal stakeholders and external suppliers. • Generate reports on procurement activities, costs, and performance.

Lilavatibai Podar Sr Secondary School

Bachelor of Commerce - BCom