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Procurement Associate Capex Category

8 months ago   Engineering   Hyderabad   25 views Reference: 29607
Job Details

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

Apply Link- Apply Link mentioned in below

Company Description
Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company based in Hyderabad. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited.[2] Dr. Reddy's manufactures and markets a wide range of pharmaceuticals in India and overseas. The company has over 190 medications, 60 active pharmaceutical ingredients (APIs) for drug manufacture, diagnostic kits, critical care, and biotechnology.
Dr. Reddy's began as a supplier to Indian drug manufacturers, but it soon started exporting to other less-regulated markets that had the advantage of not having to spend time and money on a manufacturing plant that would gain approval from a drug licensing body such as the U.S. Food and Drug Administration (FDA). By the early 1990s, the expanded scale and profitability from these unregulated markets enabled the company to begin focusing on getting approval from drug regulators for their formulations and bulk drug manufacturing plants in more-developed economies. This allowed their movement into regulated markets such as the US and Europe. In 2014, Dr. Reddy Laboratories was listed among 1200 of India's most trusted brands according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory, a brand analytics company.[3]