Procurement Analyst

Job Description

Job Description – Procurement Executive Position Title: Procurement Executive Department: Procurement & Supply Chain Location: vishakapatnam Job Summary: The Procurement Executive is responsible for managing the sourcing, purchasing, and vendor management processes to ensure the timely availability of materials, equipment, and services as per company requirements while maintaining cost efficiency and quality standards. Key Responsibilities: Identify, evaluate, and select suppliers based on price, quality, service, and reliability. Negotiate purchase terms, prices, and contracts with vendors. Raise purchase orders (PO) and ensure timely delivery of materials. Maintain and update vendor database and procurement records. Coordinate with internal departments to understand procurement needs and specifications. Track inventory levels and forecast future procurement requirements. Ensure compliance with company procurement policies and procedures. Develop and maintain good relationships with suppliers and service providers. Review purchase requisitions for accuracy and completeness. Prepare regular procurement reports and cost analysis for management review. Key Skills & Competencies: Strong negotiation and communication skills. Good knowledge of procurement processes and inventory management. Familiarity with vendor management and purchase order systems. Analytical thinking and attention to detail. Ability to multitask and manage priorities. Proficiency in MS Office (Excel, Word, Outlook) and ERP systems (if applicable). Qualifications & Experience: Bachelor’s degree in Supply Chain Management, Business Administration, or related field. 1–3 years of experience in procurement or supply chain roles (for Executive level). Experience in [industry, e.g., manufacturing, construction, steel industry] is an added advantage. Job Types: Full-time, Permanent Pay: ₹20,000.00 - ₹24,000.00 per month Benefits: Health insurance Provident Fund Schedule: Morning shift Work Location: In person Application Deadline: 15/06/2025 Expected Start Date: 21/06/2025