Dr. Reddy's - Procurement Associate - Capex Category

Position Title : Procurement Associate - Capex Category

Reporting to : Team Lead - Indirect Material Procurement

Location : Hyderabad

Job Summary:

- Procurement of Capex category Material as per the plan provided by users and maintain Inventory as per the set norms. He/She will be responsible for the following.

Key Responsibilities:

- Sourcing and procurement for CAPEX Procurement (Equipment's, Utilities and Infra)

- Comparing & Analysing the quotations techno-commercially.

- Finalizing and Issuing the of Orders with cost effective manner.

- Monitoring the Status of the Open Purchase Requisitions.

- Governing the process of converting Open Purchase Requisitions to P.Os with in the stipulated time.

- Continuously monitoring the deliveries for the issued P.Os. And taking immediate actions on the delaying deliveries.

- Monitoring the Payment Status and coordinating for the Payments to be made as per P.O terms

- Monitoring monthly Open PRs, Open POs, Open Advances, Retentions & Savings.

- Monitoring the Capital Expenditure (CAPEX) Budgets regularly.

- Completely utilizing the CAPEX budgets as per targets.

- Preparing & Monitoring Cash out flow statements as per Open Purchase Requisitions & Open P.O

Capabilities:

- Industrial Services

- Procurement analysis

- Strategic Sourcing

- Vendor development

- Contract negotiations

- Procure to pay Cycle

- Data analysis

- E-Procurement

- E-commerce

- Inventory management

- Team training and mentoring

- P&L Management

- Account management

- Academic Background and Experience

- Should be Engineering Graduate in any discipline.

- 5 years of experience in Procurement.

- Experience with SAP, MS Office Excel and e-procurement tools.

- Strong Business & Finance acumen.

Key performance Indicators:

- Procurement as per plans and adherence to Inventory norms.

- Cost savings as per budget.

- Compliance to GMP, GDP, Statutory & SOX requirements.

Key personal attributes:

- Should have good communication & interpersonal relationships.

- Result Orientation

- Ability to work with cross functional teams

- Should have analytical and problem solving ability

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