Procurement Executive

**Job Description - Procurement Executive**

**Location**: Bengaluru
**Mode of Working**: Office/On-Site (Not Hybrid)
**Designation**: Procurement Executive
**Reporting Authority**: Promoter
**Hiring Entity**: K2 Learning Resources India Private Limited
**Requirement to Travel**: Yes

**Purpose and Scope of Work**

The **Procurement Executive** will support the procurement process by ensuring timely sourcing, vendor coordination, and stock maintenance. They will assist in vendor negotiations, inventory tracking, and documentation, ensuring smooth procurement operations and adherence to quality standards.

**KEY DELIVERABLES**

**Procurement Support & Coordination**:

- Assist in executing procurement strategies for construction materials, school/office supplies, and other operational needs.
- Work closely with the Vertical heads to ensure smooth execution of procurement plans.
- Identify and suggest alternative sourcing options to mitigate supply risks.

**Vendor Management**:

- Support vendor identification, evaluation, and onboarding processes.
- Assist in negotiating pricing, payment terms, and delivery schedules.
- Ensure vendors comply with quality and industry standards.

**Inventory & Stock Maintenance**:

- Track inventory levels and coordinate to maintain optimal stock.
- Assist in stock receiving, tracking, and issue management.

**Cost & Budget Management**:

- Conduct basic cost analysis and report procurement expenses to the Procurement Manager.
- Help in identifying cost-saving opportunities through efficient sourcing.

**Quality Assurance & Compliance**:

- Perform preliminary quality checks on procured materials.
- Ensure compliance with procurement policies and documentation standards.

**Reporting & Documentation**:

- Maintain procurement records, contracts, and supplier details.
- Prepare reports on purchase orders, deliveries, and procurement costs.

**KEY PERFORMANCE INDICATORS (KPIs)**
- **Timely Procurement**: Ensuring purchase orders and deliveries happen as scheduled.
- **Vendor Coordination**: Effective follow-ups and vendor relationship management.
- **Cost Efficiency**: Assisting in procurement within budget constraints.
- **Inventory Accuracy**: Maintaining proper stock levels without shortages or overstocking.
- **Compliance & Documentation**: Adherence to procurement policies and proper record-keeping.

**Skills & Abilities Required**

**Technical Knowledge**:

- Basic understanding of construction materials, school/office supplies, and procurement processes.
- Familiarity with procurement software and tools like MS Excel.

**Analytical & Problem-Solving Skills**:

- Ability to assist in cost-benefit analysis and supplier evaluation.
- Quick problem-solving skills for procurement challenges.

**Negotiation & Communication**:

- Good communication skills in English and Hindi for vendor interactions.
- Basic negotiation skills to support cost-effective purchases.

**Organizational & Teamwork Skills**:

- Ability to multitask and manage procurement activities efficiently.
- Strong coordination skills to work with internal teams and vendors.

**Educational & Professional Requirements**
- **Education**: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- **Experience**: 1-3 years in procurement, supply chain, or purchasing roles (preferably in construction or related industries).
- **Desirable Skills**: Exposure to sustainable sourcing practices and vendor management tools.

**Application Process**:
Pay: Up to ₹85,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

Willingness to travel:

- 50% (required)

Work Location: In person