Roles and Responsibilities of a Procurement Executive
• Vendor Management :
• Identify, evaluate, and establish relationships with suppliers.
• Negotiate contracts, pricing, and terms with vendors.
• Maintain a reliable supplier database.
• Sourcing and Purchasing :
• Source materials, goods, and services at competitive prices.
• Ensure timely procurement to avoid disruptions in operations.
• Place purchase orders and monitor order fulfillment.
• Inventory Management :
• Maintain optimal inventory levels to meet production or sales requirements.
• Coordinate with warehouse teams to ensure proper stock handling.
• Cost Management :
• Analyze market trends and supplier performance to identify cost-saving opportunities.
• Prepare budgets and forecasts for procurement activities.
• Compliance and Documentation :
• Ensure procurement processes comply with company policies and legal regulations.
• Maintain records of purchases, contracts, and supplier performance.
• Cross-Functional Coordination :
• Collaborate with finance, operations, and production teams to align procurement with company goals.
• Address issues such as delays or quality discrepancies with relevant departments.
• Reporting and Analysis :
• Prepare regular procurement reports, including cost analysis and vendor performance.
• Provide insights to improve procurement strategies.
• Education:
• Bachelor's degree in Business Administration, Supply Chain Management, Commerce, or a related field.
Experience:
• 2-5 years of experience in procurement, purchasing, or supply chain management roles.
• Familiarity with procurement software and tools (e.g., SAP, Oracle).
• Experience in managing supplier relationships and negotiations.
Preference for Female Candidates
• Advanced qualifications like MBA or certification in procurement (e.g., CIPS, CPSM) are a plus.
Job Type: Full-time
Pay: ?12,000.00 - ?20,000.00 per month
Schedule:
• Day shift
Supplemental Pay:
• Performance bonus
Experience:
• total work: 2 years (Preferred)
Work Location: In person
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