Procurement Executive
3 weeks ago
Housr is India’s premier luxury co-living brand, offering a trailblazing living experience with fully furnished and managed co-living spaces, serviced apartments, and studio spaces. A niche player in managed living for millennials and working professionals, Housr aims to revolutionise how people find and experience housing by fostering a community of like-minded individuals.
With all modern conveniences, a class-apart community, and a social playground of endless opportunities, Housr is the perfect luxury oasis for today’s uber-digital generation. Its expansive portfolio of 70+ premium properties spans Gurugram, Bangalore, Pune, Hyderabad, and Vizag.
Job Description: Procurement Executive
Position Overview:
We are looking for a proactive and detail-oriented Procurement Executive to support and streamline the organization's purchasing activities. This role involves sourcing materials, managing vendor relationships, and ensuring cost-effective procurement to meet business needs. The ideal candidate will have hands-on experience in purchasing, negotiation, and vendor management.
Key Responsibilities:
Procurement Operations:
Execute daily procurement activities for direct and indirect materials, ensuring timely and cost-effective purchases.
Research and identify potential suppliers to meet the organization's quality and pricing requirements.
Solicit and evaluate supplier quotations and prepare techno-commercial comparative statements.
Coordinate with vendors to ensure timely delivery and adherence to quality standards.
Vendor Management:
Assist in vendor evaluation, selection, and development to build a reliable supply base.
Negotiate pricing, terms, and conditions with suppliers to secure the best value.
Monitor supplier performance in terms of cost, quality, and delivery timelines.
Cost Control:
Support the implementation of cost-saving initiatives by benchmarking prices and identifying market trends.
Collaborate with the procurement team to analyze pricing structures and ensure alignment with budgetary goals.
Inventory and Demand Management:
Assist in monitoring inventory levels to avoid stockouts or overstocking.
Work closely with stakeholders to understand procurement requirements and align purchasing plans with demand forecasts.
Documentation and Compliance:
Maintain accurate records of purchase orders, supplier agreements, and related documentation.
Ensure compliance with company policies and procurement guidelines.
Assist in managing contracts and annual rate agreements (ARC) for regular items and consumables.
Support and Coordination:
Collaborate with other departments to ensure timely closure of procurement needs.
Provide support in vendor negotiations for repairs, maintenance, and other group-level requirements.
Qualifications and Skills:
Bachelor’s degree in supply chain management, business, or a related field.
3+ years of experience in procurement or purchasing roles.
Strong communication and negotiation skills.
Proficiency in preparing comparative statements and understanding of pricing mechanisms.
Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
Knowledge of inventory and supply chain management practices is a plus.
This role is ideal for a motivated professional looking to contribute to a dynamic procurement team. If you have a keen eye for detail and a passion for cost optimization, we encourage you to apply
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