
Procurement Executive
9 hours ago
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Role Overview:
Oversee and manage the entire procurement process for an organization. This includes sourcing, negotiating, and purchasing goods and services while ensuring cost-effectiveness, quality, and adherence to company policies and legal regulations. They are responsible for strategic sourcing, supplier relationship management, and cost optimization.
Responsibilities:
- Develop and implement strategic sourcing plans aligned with business goals, identifying the most efficient and cost-effective sources for products and services.
- Build and maintain strong relationships with suppliers, negotiating contracts, handling disputes, and ensuring compliance with agreed terms.
- Manage the entire procurement process, from initial request to final delivery, ensuring compliance with legal standards and company policies.
- Identify opportunities to reduce costs, negotiate favorable pricing, and optimize procurement processes for efficiency.
- Negotiate contracts with suppliers, ensuring favorable terms and conditions for the organization.
- Evaluate potential suppliers, assess their capabilities, and select the most suitable ones based on various criteria.
- Ensure all procurement activities comply with relevant laws, regulations, and company policies, mitigating potential risks.
- Prepare reports on procurement activities, analyze data, and provide insights to senior management.
Skills Required:
- Strong negotiation and communication skills.
- Analytical and problem-solving abilities.
- Proficiency in contract management and negotiation.
- Knowledge of procurement processes and best practices.
- Excellent interpersonal and relationship-building skills.
- Ability to work independently and as part of a team.
Qualification & Experience Required:
Ideally 1 – 3 years of experience in procurement
Bachelors of Business Administration/Supply Chain Management/Economics
Seniority level- Seniority levelAssociate
- Employment typeFull-time
- Job functionSupply Chain
- IndustriesTextile Manufacturing
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