Procurement Specialist

Role Overview: As a Procurement Specialist, you will play a crucial role in the efficient procurement of products and materials necessary for seamless business operations. Your responsibilities will include identifying reliable vendors, negotiating favorable terms, maintaining precise purchase records, and ensuring on-time delivery of goods. The ideal candidate for this role is detail-oriented, analytical, and adept at managing multiple procurement activities while fostering strong vendor relationships. Key Responsibilities: - Research and identify potential vendors for reliable and cost-effective sourcing. - Compare and evaluate supplier proposals to facilitate well-informed purchasing decisions. - Negotiate contract terms, pricing, and service agreements with vendors. - Track purchase orders and ensure timely and accurate delivery by following up with vendors. - Inspect purchased items to verify quality compliance with company standards. - Enter and maintain precise order details, including vendor information, quantities, and prices in internal systems. - Keep updated records of purchased products, delivery schedules, and invoice documentation. - Prepare and present purchase-related reports, such as cost analysis and spending summaries. - Monitor inventory levels and initiate replenishment orders as necessary. Qualifications Required: - Proven experience as a Purchase Officer, Purchase Executive, or in a similar procurement role. - Strong understanding of vendor sourcing practices, encompassing research, evaluation, and vendor relationship management. - Hands-on experience with purchasing or procurement software. - Solid knowledge of supply chain procedures. - Bachelor's degree in any discipline. - Good communication skills in English and Hindi. - Proficiency in computer applications and MS Office.,