Procurement executive

A Procurement Executive is responsible for overseeing and managing an organization's procurement strategy, including sourcing, negotiating, and managing relationships with suppliers. They ensure that procurement activities align with the company's objectives, focusing on cost-effectiveness, quality, and timely delivery of goods and services. Key Responsibilities:

• Strategic Sourcing:Identifying potential vendors and suppliers, analyzing market trends, and developing procurement strategies.
• Negotiation and Contract Management:Negotiating contracts with suppliers to secure favorable pricing, terms, and conditions.
• Supplier Relationship Management:Building and maintaining positive relationships with suppliers, monitoring their performance, and resolving any issues.
• Cost Management:Analyzing costs, identifying opportunities for savings, and managing the procurement budget.
• Compliance and Risk Management:Ensuring that all procurement activities comply with company policies and relevant regulations, and managing potential risks.
• Reporting and Analysis:Preparing reports on procurement activities, analyzing data, and providing insights to senior management.
• Team Management (Senior Roles):In senior roles, managing a team of procurement staff, providing guidance, and ensuring their performance.
• Innovation Driver:Working with suppliers to identify and adopt new technologies and practices that improve efficiency and reduce costs.

Typical Skills:

• Strong negotiation and communication skills.
• Excellent analytical and problem-solving abilities.
• Proficiency in using procurement software and tools.
• Ability to build and maintain strong relationships with suppliers and internal stakeholders.
• In-depth knowledge of procurement processes, contract management, and supply chain management.
• Strategic thinking and the ability to develop and implement procurement strategies.
• Adaptability and the ability to work in a fast-paced environment.

Job Types: Full-time, Permanent

Pay: ₹15,000.00 - ₹25,000.00 per month

Work Location: In person