Procurement Executive

0 - 2 years

5 - 7 Lacs

Posted:2 weeks ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

KEY RESPONSIBILITES

  • Researching potential vendors and suppliers; locating vendors of materials, equipment or
  • supplies, and interview them in order to determine product availability and terms of sales
  • Prepare and process requisitions and purchase orders for supplies and equipment;
  • negotiating contract terms of agreement and pricing
  • Represent companies in negotiating contracts and formulating policies with suppliers;
  • comparing and evaluating offers from suppliers
  • Review, evaluate, and approve specifications for issuing and awarding bids; prepare bid
  • awards requiring board approval
  • Track orders and ensure timely delivery; track incoming inventory, delivery arrival time,
  • and note actual arrival time
  • Collaborate with financial team members on contracts, invoicing, and other financial
  • matters
  • Perform risk management for supply contracts and agreements; preparing Comparative
  • Statements and analyzing quotations
  • Analyze market and delivery systems in order to assess present and future material
  • availability
  • Provides purchasing planning and control information by collecting, analyzing, and
  • summarizing data and trends
  • Control spend and build a culture of long-term saving on procurement costs

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