Procurement Specialist

0.00 to 10.00 Years Bengaluru, Karnataka 22 Aug, 2024

Job Location	Bengaluru, Karnataka
Education	Not Mentioned
Salary	Not mentioned
Industry	Not mentioned
Functional Area	Not Mentioned
EmploymentType	Full-time

Job Description

bJob Information

Industry Engineering City Bangalore State/Province Karnataka Country India Zip/Postal Code 560037

About us Newtrace is a climate tech startup enabling the wide scale adoption of green hydrogen to help fight climate change. We aim to achieve this by redesigning electrolyzers from first principles to make them 5x cheaper than current commercial systems while improving the performance and efficiency. We are looking for driven individuals who share our vision for a greener future and will help accelerate our journey towards bringing it to reality. What you will do: Job Summary: We are a climate-tech startup looking for a highly organized and detail-oriented procurement specialist to manage the procurement process for our organization. The procurement specialist will be responsible for sourcing components, negotiating contracts, managing inventory, and ensuring that our supply chain operates smoothly. The successful candidate will have excellent communication and negotiation skills, be able to work independently, and have a strong understanding of procurement regulations and policies. Key Responsibilities:

Develop procurement strategies and policies that meet the organizations needs
Conduct market research to identify potential suppliers
Source components and materials required for the development and production of our hardware products
Handle import/ export of goods and products
Negotiate contracts and agreements with suppliers to ensure the best possible terms and pricing
Evaluate supplier performance to ensure that they are meeting the organizations expectations
Manage inventory and supply chain logistics to ensure that products are delivered on time and in good condition
Collaborate with our product development team to ensure that components meet our quality standards
Manage relationships with key suppliers to ensure a reliable and consistent supply chain
Ensure compliance with procurement regulations and policies
Identify cost-saving opportunities by analyzing procurement data and market trends
Collaborate with other departments to ensure that the procurement process meets the organizations needs

Requirements Requirements:

Bachelors degree in business administration, supply chain management, or a related field
Minimum of 5 years of experience in procurement, purchasing, or supply chain management, preferably in oil & gas, chemical or energy industry
Understanding of national and international codes and regulations for import/ exports of goods and products
Strong analytical, negotiation, and communication skills
Knowledge of procurement regulations and policies
Ability to work independently and manage multiple projects simultaneously
Proficiency in Microsoft Office, particularly Excel
Experience with procurement software and tools is a plus

Benefits Benefits:

Salary: Matching industry standards.
You will receive customary holidays in India (approximately 12 holidays per year) and 15 days of paid vacation per year accrued monthly. We will have a 5-day, 8 hour/day work week (Mon-Fri) with flexible work timings (within reason).

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