Executive - Indirect procurement

Position: Executive Indirect procurement Qualification: Graduate B.E/B.tech Mechanical/ Electrical Job Description: We are looking for a purchase executive to join our team and oversee the procurement of goods and services for our warehousing operations / Infrastructure work. You will be responsible for sourcing, negotiating, and purchasing quality products from reliable suppliers at competitive prices. You will also ensure timely delivery, inventory management, and compliance with our policies and standards. Key Responsibilities - Research and identify potential vendors and suppliers in the market - Compare and evaluate offers from different vendors based on price, quality, delivery time and service. - Negotiate contract terms and conditions with vendors to achieve the best deal for the company. - Place orders, track shipments and deliveries to ensure timely with accurate receipt of goods and services. - Review and inspect the quality and quantity of purchased products and report any issues or discrepancies in sync with the requestor or stakeholders. - Maintain and update records of purchased products, delivery information, invoices, and payment status. - Prepare and submit reports on purchasing activities, costs and performance. - Monitor stock levels and forecast future needs and demand. - Coordinate with warehouse staff, logistics team, and other departments to ensure smooth and efficient operations. - Follow and adhere to the company's purchasing policies and procedures and ensure compliance with legal and ethical standards. - Invoice booking and Processing for payment, sync with vendor ledger for no due. - Handling and booking invoice submitted on the vendor portal - Co-ordinating with both vendors and internal team, making sure to process the payments as per the Payment Terms. Required Skills: - Bachelor's degree / Diploma in Electrical / Mechanical. - Proven work experience as a purchase executive, purchasing officer or similar role in the E service industry / warehousing sector. - Knowledge of sourcing and procurement techniques, market research and vendor management. - Proficiency in MS Office and purchasing ERP software. - Excellent negotiation, communication, and interpersonal skills. - Strong analytical, problem-solving, and decision-making skills - Attention to detail, accuracy, and quality. - Ability to work independently and as part of a team. - Ability to multitask, prioritize, and meet deadlines in a fast-paced environment. Why Join ElasticRun? At ElasticRun, we live by our core values and foster a culture of growth and innovation. By joining us, youll be part of a team that thrives in a fast-paced and dynamic environment. • Empowerment: We encourage independent decision-making and ownership of work. • Agility: We embrace change and remain adaptable to meet evolving customer needs. • Commitment to Quality: We uphold high standards of quality and compliance in all operations. • Trust and Collaboration: We build strong relationships with stakeholders through transparency and teamwork. • Customer Obsession: We exceed customer expectations by delivering value and continuous improvement.