Procurement Executive

2 days ago


Delhi, Delhi, India E Solutions Full time
Job Description

Key Responsibilities:

Requirement Analysis:

- Collaborate with product, sales, and planning teams to identify product/category needs and stock gaps.
- Analyze SKU performance to determine replenishment needs.

Vendor Management:

- Identify, evaluate, and select suitable vendors based on quality, price, and delivery timelines.
- Build and maintain strong vendor relationships to ensure consistent supply and service quality.
- Negotiate terms, pricing, and payment conditions with vendors.

Procurement Operations:

- Execute purchase orders in line with organizational policies and timelines.
- Track order status to ensure timely delivery and escalate delays where necessary.
- Coordinate with logistics and warehouse teams for smooth inbound processing.

Inventory & Cost Control:

- Monitor and maintain optimal inventory levels to avoid stockouts or overstocking.
- Analyze procurement spending and identify opportunities for cost reduction.

Compliance & Documentation:

- Ensure procurement processes align with internal policies and industry standards.
- Maintain accurate procurement records, including contracts, invoices, and delivery notes.

Reporting & Analysis:

- Prepare and present reports on inventory status, procurement cost analysis, and vendor performance.
- Support audits and provide documentation when required.

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