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Job Description:
We are currently seeking a qualified Procurement Executive with a minimum of 5 years of experience to join our team. The ideal candidate will play a pivotal role in managing the procurement process, ensuring timely acquisition of materials, negotiating favorable terms with suppliers, and maintaining strong vendor relationships. This role requires a detail-oriented individual with excellent communication skills and a thorough understanding of procurement principles.
Key Responsibilities:
1. Vendor Management:
- Identify and evaluate potential suppliers based on quality, price, and reliability.
- Negotiate contracts, terms, and conditions with vendors to ensure favorable pricing and delivery terms.
- Maintain strong relationships with existing suppliers while actively seeking new partnerships to improve procurement options.
2. Procurement Process:
- Coordinate with internal departments to assess their procurement needs and develop procurement plans accordingly
- Execute the procurement process from requisition to delivery, ensuring compliance with company policies and procedures.
- Monitor inventory levels and forecast future demand to prevent stockouts and minimize excess inventory.
3. Quality Assurance:
- Collaborate with quality control team to ensure that purchased materials meet quality standards and specifications.
- Conduct supplier audits and inspections as necessary to ensure compliance with quality requirements.
4. Cost Management:
- Implement cost-saving initiatives and strategies to optimize procurement spend without compromising quality or performance.
- Analyze price trends, market conditions, and supplier performance to identify opportunities for cost reduction.
5. Documentation and Reporting:
- Maintain accurate records of procurement activities, including purchase orders, contracts, and supplier agreements.
- Experience3 - 7 Years
- No. of Openings3
- EducationB.E
- RoleProcurement Executive
- Industry TypeManufacturing / Production / Quality
- Gender[ Male / Female ]
- Job CountryIndia
- Job TypeWork from Office