Procurement Executive

3 weeks ago


delhi, India Beardo Full time
Job Description:
 We are seeking a talented Procurement Executive to streamline our purchasing processes and ensure the timely acquisition of goods and services at the best possible prices. The successful candidate will be responsible for overseeing the purchasing activities, negotiating with suppliers, and maintaining strong vendor relationships.
Responsibilities:
Procurement Strategy: Develop and implement procurement strategies aligned with company objectives, ensuring cost-effective procurement processes.
Vendor Management: Identify, evaluate, and select reliable vendors/suppliers. Negotiate contracts and agreements to secure advantageous terms and conditions.
Purchase Orders: Generate purchase orders and manage the procurement cycle from requisition to delivery, ensuring accuracy and compliance with company policies.
Inventory Management: Monitor inventory levels and collaborate with internal teams to optimize stock levels while minimizing carrying costs.
Cost Analysis: Conduct cost analysis to identify cost-saving opportunities and recommend alternative sourcing strategies.
Quality Assurance: Collaborate with internal quality control teams to ensure that purchased products meet quality standards and specifications.
Risk Management: Identify and mitigate procurement risks, such as supply chain disruptions or quality issues.
Compliance: Ensure compliance with relevant regulations and internal policies throughout the procurement process.
Reporting: Prepare and present procurement reports and metrics to management, highlighting key performance indicators and areas for improvement.
Requirements:
Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
Proven experience in procurement or purchasing roles, preferably within (insert industry).
Strong negotiation skills and ability to build and maintain effective vendor relationships.
Excellent analytical and problem-solving abilities.
Solid understanding of procurement best practices and supply chain management principles.
Strong communication and interpersonal skills.
Ability to work effectively in a fast-paced environment and handle multiple priorities simultaneously.
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