Procurement Executive

Key Responsibilities:

• Source, evaluate, and select suppliers based on price, quality, service, and reliability.
• Process purchase requisitions and convert them into purchase orders (POs).
• Negotiate pricing, payment terms, and delivery schedules with vendors.
• Monitor and track orders to ensure timely delivery and resolve supply chain issues.
• Maintain accurate records of purchases, pricing, and other essential procurement data.
• Conduct regular vendor evaluations and maintain strong supplier relationships.
• Coordinate with internal departments (e.g., production, quality, accounts) to determine procurement needs.
• Ensure compliance with company policies and regulatory requirements.
• Assist in developing procurement strategies to reduce cost and improve efficiency.
• Analyze market trends to identify potential supply risks or opportunities.

Qualifications and Experience:

Essential:

• Bachelor's degree in Supply Chain Management, Business Administration, Commerce, or related field.
• 24 years of relevant experience in procurement or supply chain.
• Proficient in MS Office and procurement software (e.g., SAP, Oracle, Tally, or other ERP systems).

Desirable:

• Professional certifications (e.g., CIPS, CSCP, CPM) are an added advantage.
• Experience in industry-specific procurement (e.g., pharmaceuticals, manufacturing, construction).

Skills and Competencies:

• Strong negotiation and communication skills.
• Analytical mindset and attention to detail.
• Vendor management and relationship-building abilities.
• Excellent organizational and multitasking skills.
• Problem-solving and conflict-resolution skills.
• Knowledge of procurement regulations, contract law, and compliance.