Senior Purchasing Executive

7 days ago

Malappuram, Kerala, India beBeeProcurement Full time ₹ 15,00,000 - ₹ 20,00,000

About the Role:

We are seeking a detail-oriented Procurement Specialist to manage procurement operations, ensuring timely delivery of quality materials while optimizing costs.

Key Responsibilities:

  • Strategic Sourcing & Supplier Management:
    • Develop and implement sourcing strategies to optimize cost, quality, and delivery timelines.
    • Identify, evaluate, and establish relationships with suppliers, manufacturers, and vendors.
    • Negotiate contracts, pricing, and terms with suppliers to secure the best value for the organization.
    • Maintain a supplier database, ensuring continuous assessment of performance and compliance.
  • Technical Procurement:
    • Work closely with engineering and project teams to understand technical requirements for materials and equipment.
    • Ensure purchased materials comply with engineering specifications, industry standards, and safety regulations.
    • Review and approve technical documents, material submittals, and compliance certifications.
    • Conduct market research to identify cost-effective alternatives and innovative materials.
  • Cost Control & Budget Management:
    • Monitor procurement budgets and drive cost-saving initiatives without compromising quality.
    • Analyze procurement data and supplier performance to identify cost reduction opportunities.
    • Forecast pricing trends and market fluctuations to mitigate financial risks.
  • Logistics & Supply Chain Coordination:
    • Ensure timely delivery of materials by coordinating with suppliers and logistics teams.
    • Optimize supply chain processes to minimize delays and disruptions.
    • Oversee international and domestic shipping, customs regulations, and import/export requirements.
  • Compliance & Risk Management:
    • Ensure compliance with organizational policies, industry standards, and legal requirements.
    • Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
    • Manage contract disputes, warranties, and claims in collaboration with legal teams.
  • Technology & Reporting:
    • Utilize procurement software and ERP systems to streamline purchasing workflows.
    • Generate reports on procurement performance, supplier KPIs, and cost savings.
    • Implement digital tools to enhance procurement efficiency and transparency.

Deliverables & Work Products:

  • RFQs/RFPs & PO Documentation
  • Order Tracking & Delivery Reports
  • Supplier Evaluation & Negotiation Summaries
  • Inventory & Cost Tracking Reports
  • Procurement Compliance & Audit Files

Requirements:

  • Experience in procurement (construction/fabrication industry preferred).
  • Strong negotiation & vendor management skills.
  • Proficiency in procurement software & Excel.
  • Attention to detail with a focus on cost control & efficiency.

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