Procurement Executive

Job Summary:

As a Procurement Executive, you will be responsible for managing procurement activities across various departments, ensuring compliance with company policies and SOPs. You will play a crucial role in sourcing, negotiating, and securing cost-effective purchases while maintaining high-quality standards. Your expertise in vendor management and market analysis will drive timely and efficient procurement, ensuring budgets are adhered to and operational needs are met seamlessly.

Key Responsibilities:

1. Identify, evaluate, and negotiate with suppliers and vendors for materials.
2. Oversee contract management, purchase orders, and supplier agreements.
3. Monitor inventory levels to ensure timely procurement and prevent shortages.
4. Conduct market research to identify new suppliers and cost-saving opportunities.
5. Ensure compliance with procurement policies, company standards, and local regulations.
6. Build and maintain strong vendor relationships to enhance supplier performance.
7. Collaborate with internal teams to align procurement strategies with business needs.

Requirements:

1. Bachelor's degree in business administration or a related field
2. Minimum 3-5 years of experience in the field of Procurement Executive, Purchasing Officer, or similar role.
3. Preferred industry from Hospitality, Facilities and Food & Beverage
4. Strong knowledge of vendor sourcing and supply chain procedures.
5. Excellent negotiation and analytical skills.
6. Experience in tendering, estimation, and cost control.
7. Ability to manage multiple procurement processes efficiently.
8. Strong attention to detail and time management skills.