Procurement Executive

3 weeks ago

New Delhi, India Oaktree Full time

Job Description:Oaktree designs and builds premium modular kitchens and wardrobes known for quality and innovation. We are looking for a Procurement Executive to manage purchasing, vendor relations, inventory management, and support overall procurement operations.Job Title: Procurement ExecutiveRole & Responsibility:- Create sales orders, prepare quotations, and provide cost estimates from drawings. - Arrange and check product samples and update order status in the Arambha system. - Receive raw materials as per purchase orders; create GRN and submit bills to Accounts. - Issue raw materials as per BOM; create GIN/MFJ and share with reporting manager/STV verification. - Maintain accurate inventory levels and monitor stock usage. - Identify, evaluate, and negotiate with vendors for quality, price, and timely delivery. - Maintain approved supplier databases and manage vendor relationships. - Assist in budgeting, cost control, and contract management. - Ensure procurement practices comply with company policies and statutory requirements. - Track supply chain risks and perform market research to support procurement decisions. - Maintain complete procurement and inventory documentation and prepare periodic reports. - Collaborate with operations, sales, finance, and other teams to ensure smooth workflow. - Other duties as assigned by management.Key Competencies and Person Specification:- Qualification: B.Com / M.Com - Experience: 1 – 2 years in procurement, purchasing, or inventory management. - Skills: Strong analytical, negotiation, and problem-solving skills; proficiency in MS Excel; knowledge of ERP/inventory software. - Location: Bannerghatta, Bangalore. - Reporting to: Procurement Head / Management.Compensation:Competitive and negotiable based on experience and capability.

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