
Procurement Executive
2 days ago
**Job description**
Job Title: Procurement Executive - Fresher
Job Location : chennai
Experience : 0-1 yrs
**Job Summary**:
**Responsibilities**:
- **Vendor Management**:
- Maintain strong relationships with OEM / Distributors, Negotiating favourable terms and conditions.
- Understanding of OEM / Distributors supply chain procedures to get the product / service delivered at earliest.
- **Order Processing**:
- Collaborate with various departments to understand and fasten the order process.
- Process purchase orders accurately and in a timely manner, ensuring compliance with company policies and procedures.
- Keep track of all goods and services ordered and received, and maintain accurate inventory records including details on price, performance, and delivery.
- Interact with suppliers daily to develop and nurture mutually beneficial relationships
- Maintain up to date and precise records of orders, shipments, inventory, and reports
- **Negotiation**:
- Negotiate with OEM / Distributors to achieve the targeted prices & terms
- Continuously seek cost-saving opportunities without compromising quality or service.
- **Quality Assurance**:
- Work closely with OEM / Distributors to ensure that goods and services meet as per order.
- Address and resolve any procurement related issues or discrepancies with OEM / Distributors as well as internal team.
- **Cost Analysis**:
- Analyze the prices, create cost-benefit analysis, and identify opportunities for cost savings.
- Monitor market trends and pricing to make informed procurement decisions.
- **Communication**:
- Collaborate with internal stakeholders, including Material management, Sales & Service co-ordinators, Sales Managers, Finance, Technical and management, to understand their procurement needs and provide timely updates.
- Communicate effectively with OEM / Distributors to address inquiries, resolve issues, and build strong partnerships.
**Qualifications**:
- Bachelor's degree in any degree, Business Administration, Supply Chain Management, or a related field.
- 0-1years of experience in procurement, preferably in the IT service industry.
- Strong negotiation skills and the ability to secure favourable terms with OEM / Distributors.
- Analytical mind-set with the ability to conduct cost-benefit analysis.
- Strong communication and interpersonal skills.
- Experienced with MS Office including Word, Excel, and Outlook
- Proactive, highly motivated and flexible.
**Job Types**: Full-time, Fresher
Pay: ₹15,000.00 - ₹20,000.00 per month
**Benefits**:
- Health insurance
Schedule:
- Day shift
Supplemental Pay:
- Performance bonus
Work Location: In person
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