Procurement Executive

Job Summary

We are seeking a motivated and detail-oriented Procurement Executive to join our team. The ideal candidate will manage day-to-day purchasing activities, negotiate with suppliers, and contribute to cost-saving initiatives while ensuring compliance with company policies and quality standards. This role is perfect for someone with 1 - 3 years of experience looking to grow in a dynamic environment.

Key Responsibilities

• Source and evaluate suppliers, products, and services to ensure cost-effectiveness and high quality.
• Negotiate contracts, prices, and terms with vendors to achieve favourable outcomes and cost reductions.
• Prepare and process purchase orders, monitor inventory levels, and ensure timely delivery of goods and services.
• Maintain strong relationships with existing suppliers while identifying and onboarding new vendors.
• Track supplier performance and resolve any issues related to quality, delivery, or pricing.
• Analyse market trends, procurement data, and spending to identify opportunities for improvement and savings.
• Collaborate with internal departments (e.g., Finance, Operations) to understand needs and align procurement strategies.
• Ensure all procurement activities comply with company policies, regulations, and ethical standards.
• Prepare reports on procurement activities, savings achieved, and vendor performance.
• Assist in developing and implementing procurement policies and procedures.
• Support contract documentation, renewals, and basic negotiations under guidance.
• Assist during internal and external audits by providing procurement-related records and clarifications.

Qualifications and Requirements

• Bachelor’s degree in business administration, Supply Chain Management, Finance, or a related field.
• 1 - 3 years of experience in procurement, purchasing, sourcing, or a similar role.
• Attention to detail, organizational skills, and ability to manage multiple priorities in a fast-paced environment.
• Strong analytical skills with the ability to interpret data and make informed decisions.
• Excellent communication, negotiation, and interpersonal skills.
• Exposure in supplier negotiation and contract management.
• Knowledge of supply chain principles and best practices is a plus.
• Experience working with multiple vendors and service providers.
• Exposure to audit or compliance-driven environments.
• Ability to work independently and manage multiple priorities.
• Proficiency in Microsoft Office Suite (especially Excel)

Job Types: Full-time, Permanent

Pay: ₹30,000.00 - ₹50,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person