Procurement Executive

Company: SyAqua India pvt Ltd

Country India Location: Nellore-Ulavapadu

Department: Procurement

Title: Procurement executive

Reporting to (position)Procurement Manager / Head of Procurement

PART B: POSITION SUMMARY

PART C : JOB RESPONSIBILITIES

• Identify and evaluate potential suppliers based on quality, price, and reliability.
• Negotiate terms and contracts with vendors to ensure cost-effective procurement.
• Establish and maintain strong relationships with key suppliers.
• Receive and review purchase requisitions from different departments.
• Prepare and issue purchase orders (POs) based on approved procurement requests.
• Ensure all procurement transactions comply with company policies and procedures.
• Monitor purchasing expenses to ensure adherence to budget constraints.
• Identify cost-saving opportunities and implement strategic procurement initiatives.
• Conduct price comparisons and analyze market trends.
• Maintain accurate records of purchases, supplier agreements, and invoices.
• Ensure compliance with procurement policies and regulatory requirements.
• Handle vendor disputes and resolve issues related to delayed shipments or defective goods.
• Stay updated on market trends, pricing fluctuations, and supplier developments.
• Evaluate alternative suppliers and products to ensure competitive procurement.
• Conduct risk assessments related to supply chain disruptions.
• Coordinate with the warehouse and inventory teams to maintain optimal stock levels.
• Track and ensure the timely delivery of goods to prevent operational disruptions.
• Work closely with departments to forecast purchasing needs and avoid shortages.

PART D : ACADEMIC / PROFESIONAL QUALIFICATIONS

• Bachelor of degree in supply chain, Business or Commerce
• B.E
• MBA in Supply Chain Management is preferred.

PART E : RELEVANT EXPERIENCE

• Bachelor of degree, unlimited fields.
• Experience working in procurement for at least 2-5years.
• Certification in Procurement (e.g., CIPS, CPP, CPSM) is an advantage.
• Experience in [Industry-Specific Requirement, e.g., Manufacturing, Retail, Construction

  ]

  .
• Familiarity with import/export regulations (if applicable).
• Able to use computer and MS office programs.
• Good communication in English (Speaking, reading, and writing).

PART

• Understanding of procurement and supply chain principles, practices and regutions.
• Ability to analyze data, identify trends make informed decisions.
• Strong problem-solving skills to resolve procurement-related issues.
• Effective communication and interpersonal skills to deal with suppliers & stakeholders.
• Ability to develop and implement effective sourcing strategies.
• Commitment to ongoing learning and professional development in procurement.
• Basic understanding of contract law and regulations.