Procurement Executive

Roles & Responsibilities:

Sourcing and Supplier Management:

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- Establish and maintain strong relationships with suppliers to ensure reliable sourcing.

- Negotiate prices, terms, and contracts with suppliers to obtain the best value for the company.

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Procurement Planning and Execution:

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- Develop and implement procurement strategies in line with business requirements and budget constraints.

- Prepare and issue purchase orders based on approved requisitions.

- Ensure timely delivery of products and services as per agreed schedules.

Cost Management:

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- Manage procurement budgets, ensuring purchases stay within allocated limits.

- Identify opportunities for cost savings without compromising quality.

Inventory and Stock Management:

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- Ensure that inventory levels are optimized to meet operational requirements without overstocking.

- Work with logistics to track deliveries and manage stock levels effectively.

Compliance and Documentation:

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- Maintain proper documentation of contracts, orders, and other procurement records for auditing purposes.

- Prepare reports on procurement activities, costs, and supplier performance for senior management.

Required Skills:

- Strong negotiation, communication, and interpersonal skills.

- Ability to analyze and interpret market trends and procurement data.

- Knowledge of procurement software and MS Office Suite.

- Detail-oriented with strong organizational skills.

- Ability to work independently and as part of a team.