Procurement Executive

Job Description

A Procurement Executive's role is to manage the procurement process, ensuring cost-effective and timely acquisition of goods and services while maintaining quality standards. This involves sourcing suppliers, negotiating contracts, and overseeing the end-to-end procurement process, from requisition to delivery. They also play a crucial role in developing and maintaining relationships with vendors, as well as ensuring compliance with company policies and regulatory requirements. Key Responsibilities: Sourcing and Supplier Management: Identifying and evaluating potential suppliers, negotiating contracts, and building strong vendor relationships. Procurement Planning: Developing and executing material procurement strategies to meet business needs while controlling costs. Order Management: Managing purchase orders from creation to closure, ensuring timely delivery and resolving issues related to quality, quantity, and pricing. Cost Analysis and Reporting: Tracking and reporting key functional metrics to reduce expenses and improve effectiveness. Compliance: Ensuring adherence to company policies, procedures, and regulatory requirements for purchasing activities. Quality Control: Reviewing the quality of purchased products and taking action with suppliers for substandard goods. Inventory Management: Monitoring stock levels and placing orders as needed. Coordination: Coordinating with other departments, such as warehouse and finance, to ensure smooth procurement operations. Job Types: Full-time, Permanent Pay: ₹18,000.00 - ₹22,000.00 per month Benefits: Leave encashment Provident Fund Schedule: Day shift Supplemental Pay: Yearly bonus Experience: Procurement: 1 year (Required) Work Location: Remote