
Procurement Executive
11 hours ago
Job Description
Olam Food Ingredients
Job Description
Job Summary:
We are seeking a detail-oriented and proactive Procurement Executive to manage the end-to-end procurement of commodities. The ideal candidate will have hands-on experience in sourcing, negotiating, and managing supplier relationships for agricultural or industrial commodities. This role is based in Kushalnagar and requires strong analytical skills, market awareness, and the ability to work independently.
Key Responsibilities
- Commodity Procurement: Source and procure commodities such as e.g., coffee, spices, grains, etc., ensuring quality, cost-effectiveness, and timely delivery.
- Supplier Management: Identify, evaluate, and negotiate with suppliers and vendors. Build and maintain strong supplier relationships to ensure reliability and performance.
- Market Analysis: Monitor market trends, price fluctuations, and supply-demand dynamics to make informed purchasing decisions.
- Contract Management: Draft, review, and manage procurement contracts and agreements in compliance with company policies and legal standards.
- Inventory Coordination: Collaborate with warehouse and logistics teams to ensure optimal inventory levels and timely replenishment.
- Documentation & Compliance: Maintain accurate procurement records, ensure compliance with internal controls, and support audits as required.
- Cost Optimization: Continuously seek opportunities to reduce procurement costs without compromising quality or service.
Qualifications & Skills
- Bachelor's degree in Supply Chain Management, Business Administration, or related field.
- 25 years of experience in commodities procurement.
- Strong negotiation and communication skills.
- Proficiency in procurement software and MS Office.
- Knowledge of local and global commodity markets.
- Ability to work independently and manage multiple priorities.
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