Procurement Executive

As a Sourcing and Vendor Management professional, your primary responsibility will be to identify and evaluate potential suppliers while negotiating pricing, terms, and conditions with vendors. You will play a crucial role in developing and executing procurement strategies aligned with company goals. This includes forecasting supply requirements based on project timelines and inventory levels, as well as managing purchase requisitions and ensuring timely approvals. In addition, you will be responsible for drafting and managing supplier agreements and contracts, ensuring all procurement activities comply with company policies and regulatory requirements. It is essential to maintain accurate records of purchases, pricing, and other documentation for transparency and accountability. Monitoring inventory levels, planning orders to avoid shortages or overstocking, and coordinating with warehouse and logistics teams for smooth material delivery and storage are also key aspects of this role. Regular audits must be conducted to ensure stock accuracy and efficiency in inventory management. Quality assurance is another critical aspect of the job, where you will ensure that procured goods and services meet quality standards and specifications. Any discrepancies or issues with suppliers must be addressed and resolved promptly to maintain a high level of quality and service. Reporting and analysis play a vital role in this position, as you will be required to prepare and present regular procurement reports, including spend analysis, savings, vendor performance, etc. Data-driven insights will help identify trends, inefficiencies, and opportunities for improvement in procurement processes. Collaboration with internal departments such as finance, production, and operations is essential to understand their requirements and ensure timely delivery of goods and services to meet project deadlines. By working closely with stakeholders, you will contribute to the overall success of the company's procurement operations. If you are ready to take on this challenging and rewarding role in Sourcing and Vendor Management, we invite you to apply to join Rao Consultants. Explore exciting career opportunities by completing the form with your details and resume. For further inquiries or to speak with an expert, you can contact us via email at contact@raoconsultants.com, phone at (079) 67 444 444, or chat with us at +91 7573 008 888. Join our team today and be part of a dynamic and growing organization.,