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In-House Buyer

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Position Overview
In-house Buyer plays a vivacious character in an organization whenever procurement is not conferred outwardly. In-house buyers predominantly build connotations with suppliers and negotiates best price. In-house generally refers to conducting an activity or operation within a company, instead of relying on external outsourcing. Movements performed within the same business, using the corporation’s assets and employees to perform those activities. Determination as to whether to keep activities in-house or to outsource often includes scrutinising the several expenditures and allied risks.

Academic Qualification

  • Bachelor’s degree in Business Administration, Economics, Finance, Commerce
  • Master’s degree (Nice to have)

Professional Experience

  • Around 2 Years of experience in Procurement, Supply chain management
  • Computer proficiency, Microsoft Office software (Mandatory)

Professional Certifications

Roles and Responsibilities

  • Exploration on suppliers to determine which appropriates company pricing and quality objectives.
  • Responding to some fluctuations in customer demand and organize reports and updates as and when required for team management.
  • Cultivate an efficient and accurate system for monitoring all open purchase orders.
  • Work with the inventory management team to ensure that all deliveries satisfy the assigned purchase orders and report any back-ordered or missing products.
  • Assist the Supply Chain Manager with scripting purchase orders, purchasing merchandise, retaining proper inventory levels of materials used on a consistent basis.
  • Reviewing requisitions in Marketplace and providing effective business advice to the campus.
  • Promptly reports about the dented or perished stock to the dealer and arranges for replacement either through the same vendor or by acquiring from different vendor to meet consumption requirements.
  • Discover substitute sources for goods and materials recurrently.
  • Maintaining relationships with existing suppliers while endeavour to find new ones continuously.

Competencies

  • Excellent English communication Skill (Verbal and Written)
  • Negotiation Skills
  • Analytical Skills
  •  Critical Thinking
  • Decision making
  • Team work and collaboration
  • Market attentiveness
  • IT Skills
  • Good Aptitude
  • Interpersonal skill
  • Assessing Future business drifts
  • Monitor Inventory

Travel Requirements: In-House Buyer requires 25 % of travel based on organization standard policies.

Seniority Level: Entry Level

This position will be typically reporting to the Procurement Lead of an organization.

Salary ranges depending on the experience. Typically, In-house Buyer will be paid Rs. 2, 40,000 – Rs. 3, 25,000 annually.

In-House Buyer

 

Written by IISCM

Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited specialising in supply chain management consulting and education. IISCM trains and certifies SCM professionals in procurement, supply chain management, inventory, and warehousing.

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