Procurement Executive

Responsibilities

• Identify and evaluate potential suppliers based on quality, reliability, and price.
• Build and maintain strong relationships with vendors and suppliers.
• Monitor supplier performance and address issues as needed.

Sourcing and Procurement

• Assess procurement needs in association with various departments.
• Source materials, goods, and services that meet quality and cost requirements.
• Negotiate contracts, terms, and payment agreements with suppliers.
• Issue purchase orders and ensure timely delivery of goods and services.

Cost and Budget Control

• Monitor procurement budgets and ensure cost-effective purchases.
• Analyze market trends to identify opportunities for cost savings.
• Minimize procurement risks by ensuring stable supply and pricing.
• Ensure procurement activities comply with company policies and regulations.
• Maintain accurate records of purchases, suppliers, and contracts.
• Prepare and present procurement reports to management.

Inventory Coordination

• Collaborate with inventory teams to manage stock levels.
• Forecast future procurement needs based on organizational demands.
• Address and resolve issues related to delayed deliveries, defective goods, or discrepancies.
• Coordinate with suppliers and internal stakeholders to resolve disputes.

Qualifications

• Experience: Minimum 4-5 years experience in procurement or supply chain roles.
• Qualification: Bachelor’s Degree or Diploma in Supply Chain preferred.