Procurement Executive

Job description

We are seeking a detail-oriented and strategically minded Procurement Executive to join our procurement team. The successful candidate will be responsible for managing procurement activities across the organization, ensuring cost-effective purchasing of goods and services, and maintaining strong relationships with suppliers.

Key Responsibilities:

• Vendor Management: Identify, evaluate, and negotiate with suppliers to secure the best terms and prices. Maintain strong, strategic relationships with key suppliers.
• Purchase Orders: Issue and manage purchase orders, ensuring accuracy in terms, conditions, and pricing. Follow up with suppliers to confirm timely delivery.
• Cost Management: Work to minimize costs without compromising quality and service. Analyze and report on cost trends with recommendations for cost reduction.
• Market Analysis: Stay informed about market trends and shifts that may impact supply and pricing of goods and services.
• Inventory Control: Assist in managing inventory levels to ensure optimal stock without overstocking.
• Compliance and Quality Control: Ensure that all procurement activities comply with company policies and legal guidelines. Manage the quality control process to meet company standards.
• Process Improvement: Continuously assess and improve procurement processes and strategies.
• Stakeholder Collaboration: Work closely with other departments, including finance, operations, and logistics, to align procurement strategies with business needs.

Qualifications:

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• 5 years of experience in a procurement or similar role, preferably in a corporate setting.
• Strong understanding of procurement and supply chain management principles.
• Excellent negotiation and vendor management skills.
• Proficient in procurement software and ERP systems.
• Strong analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Ability to work independently and handle multiple tasks.

Benefits:

• Health insurance.
• Paid time off and holidays.
• Opportunities for professional development and career growth

Job Type: Full-time

Pay: ₹25,000.00 - ₹35,000.00 per month

Benefits:

• Health insurance
• Paid sick time

Schedule:

• Day shift

Supplemental pay types:

• Overtime pay
• Performance bonus

Education:

• Bachelor's (Required)

Experience:

• Procurement management: 5 years (Required) - Pharma Purchase

Language:

• English (Required)

Location:

• Mohali, Punjab (Required)

Job Type: Full-time

Pay: ₹25,000.00 - ₹35,000.00 per month

Benefits:

• Health insurance

Education:

• Bachelor's (Required)

Experience:

• Procurement in Pharma Purchase: 3 years (Required)

Language:

• English (Required)

Work Location: In person