Procurement Executive

Job Description:

NOTE: we are looking for a Male candidate Bangalore location only

The Procurement Specialist plays a crucial role in managing and optimizing the purchasing process for the company. This role involves sourcing, negotiating, and acquiring goods and services to ensure cost-effectiveness and quality. The ideal candidate will have strong analytical skills, attention to detail, and the ability to build relationships with suppliers to support the company's operational and strategic objectives.

Key Responsibilities:

• Sourcing and Purchasing: Identify and evaluate suppliers, negotiate prices, terms, and contracts, and ensure timely delivery of goods and services.
• Vendor Management: Develop and maintain relationships with key suppliers, monitor supplier performance, and address any issues or concerns.
• Contract Management: Draft, review, and manage procurement contracts and agreements to ensure compliance with company policies and legal requirements.
• Cost Management: Analyze market trends and pricing, and implement strategies to reduce costs and improve procurement processes.
• Inventory Management: Monitor inventory levels, manage stock replenishment, and coordinate with warehouse and production teams to ensure optimal stock levels.
• Compliance and Reporting: Ensure adherence to company procurement policies and procedures, and prepare regular reports on procurement activities, cost savings, and supplier performance.
• Market Research: Conduct research to stay updated on industry trends, new products, and emerging technologies that could benefit the company.
• Process Improvement: Identify opportunities for process improvements and implement best practices to enhance the efficiency and effectiveness of the procurement function.
• Cross-Functional Collaboration: Work closely with internal stakeholders, including finance, operations, and production teams, to understand their needs and provide procurement support.

Top Skills:

• Negotiation: Strong negotiation skills to secure favorable terms and pricing from suppliers.
• Analytical Skills: Ability to analyze data, market trends, and supplier performance to make informed decisions.
• Communication: Excellent verbal and written communication skills for effective interaction with suppliers and internal teams.
• Attention to Detail: High level of accuracy and attention to detail in managing procurement documentation and processes.
• Time Management: Ability to manage multiple tasks and priorities effectively.
• Problem-Solving: Strong problem-solving skills to address issues and find solutions in the procurement process.
• Knowledge of Procurement Software: Proficiency in using procurement software and tools for managing orders and tracking performance.
• Interpersonal Skills: Ability to build and maintain positive relationships with suppliers and internal stakeholders.

Qualifications:

• Bachelor’s degree in Business Administration, Procurement Management, or a related field.
• Proven experience in procurement, purchasing, or supply chain management.
• Certification in procurement or supply chain management (e.g., CIPS, CPSM) is a plus.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and procurement software.

Additional Information:

• This role may require occasional travel to meet with suppliers or visit other company locations.
• A competitive salary and benefits package will be provided, commensurate with experience and qualifications.

Job Type: Full-time

Pay: Up to ₹450,000.00 per year

Application Question(s):

• Overall Experience?
• Current CTC?
• Expected CTC?
• Notice Period?
• Do you have experience in Zoho Mail?
• Hiring for Peenya location ?

Work Location: In person