Procurement Analyst

The Procurement Executive plays a crucial role within the Procurement & Supply Chain Department, based in Vishakapatnam. As the Procurement Executive, you will be entrusted with overseeing the sourcing, purchasing, and vendor management processes to ensure the timely procurement of materials, equipment, and services in alignment with the company's needs. Your primary focus will be on maintaining cost efficiency and quality standards throughout all procurement activities. Your responsibilities will include identifying, evaluating, and selecting suppliers based on various factors such as price, quality, service, and reliability. You will be expected to negotiate purchase terms, prices, and contracts with vendors, as well as raise purchase orders and ensure the timely delivery of materials. It will also be essential for you to manage and update the vendor database, coordinate with internal departments to understand procurement requirements, and track inventory levels while forecasting future procurement needs. In addition to these tasks, you will need to ensure compliance with company procurement policies and procedures, develop and nurture relationships with suppliers and service providers, review purchase requisitions, and prepare regular procurement reports and cost analyses for management review. To excel in this role, you should possess strong negotiation and communication skills, a solid understanding of procurement processes and inventory management, familiarity with vendor management systems, and excellent attention to detail. Your ability to multitask, prioritize effectively, and proficiency in MS Office applications (Excel, Word, Outlook) and ERP systems (if applicable) will be beneficial. Ideally, you should hold a Bachelor's degree in Supply Chain Management, Business Administration, or a related field, along with at least 3 years of experience in procurement or supply chain roles at the Executive level. Prior experience in industries like manufacturing, construction, or the steel industry would be advantageous. This is a full-time, permanent position with benefits including health insurance and Provident Fund. The work schedule is during the morning shift, and the job requires in-person presence at the Vishakapatnam location. The application deadline is 15/06/2025, with an expected start date of 21/06/2025.,