Procurement Executive

2 days ago

Ahmedabad Gujarat, India Rao Group of Companies Full time

**Sourcing and Vendor Management**
- Identify and evaluate potential suppliers.
- Negotiate pricing, terms, and conditions with vendors.
- **Procurement Planning**
- Develop and execute procurement strategies aligned with company goals.
- Forecast supply requirements based on project timelines and inventory levels.
- Manage purchase requisitions and ensure timely approvals.
- **Contract and Compliance Management**
- Draft and manage supplier agreements and contracts.
- Ensure all procurement activities comply with company policies and regulatory requirements. - Maintain accurate records of purchases, pricing, and other documentation.
- **Inventory Management**
- Monitor inventory levels and plan orders to avoid shortages or overstocking.
- Coordinate with warehouse and logistics teams for smooth material delivery and storage.
- Ensure stock accuracy through regular audits.
- **Quality Assurance**
- Ensure that procured goods and services meet quality standards and specifications.
- Address and resolve any discrepancies or issues with suppliers.
- **Reporting and Analysis**
- Prepare and present regular procurement reports (spend analysis, savings, vendor performance, etc.).
- Use data to identify trends, inefficiencies, and opportunities for improvement.
- **Coordination with Stakeholders**
- Collaborate with internal departments (e.g., finance, production, and operations) to understand requirements.
- Ensure timely delivery of goods and services to meet project deadlines

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