Senior Executive - Procurement

3 - 6 years

4 - 8 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Purpose of the role in

The Senior Executive Procurement will be responsible for managing end-to-end procurement activities including vendor sourcing, negotiation, purchase order management, cost optimization, and ensuring timely delivery of materials and services. The role requires strong coordination with internal departments, adherence to procurement policies, and building sustainable vendor relationships to support business operations.

About the Role:

  • Manage the procurement cycle from requisition to delivery, ensuring timely and cost-effective sourcing of materials, equipment, and services.
  • Identify and evaluate vendors/suppliers, negotiate favorable terms, and maintain an updated supplier database.
  • Ensure compliance with procurement policies and company standards while driving process efficiency.
  • Prepare and issue purchase orders/work orders, track deliveries, and resolve any discrepancies in quality, quantity, or timelines.
  • Monitor inventory levels in coordination with stores/operations teams to avoid shortages or excess stock.
  • Drive cost-saving initiatives through vendor negotiations, alternate sourcing, and long-term rate contracts.
  • Support in contract management including drafting, reviewing, and renewal of supplier agreements.
  • Maintain accurate procurement records, MIS reports, and ensure timely documentation for audits.
  • Collaborate with finance, operations, and project teams for budget alignment and timely vendor payments.
  • Stay updated with market trends, pricing, and new suppliers to support strategic procurement decisions.

About You:

  • Strong knowledge of procurement processes, vendor management, and supply chain operations.
  • Excellent negotiation and communication skills.
  • Ability to manage multiple priorities and deliver within deadlines.
  • Analytical mindset with focus on cost optimization and process improvement.
  • Proficiency in MS Office, Asset Infinity, ERP/SAP, or other procurement software.
  • Strong stakeholder management and problem-solving ability.

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