Procurement Executive

4 days ago

Hebbal Bengaluru Karnataka, India Protyze - A brand of Alphacentric Healthcare Full time

**Key Responsibilities**:

- **Sourcing and Purchasing**: Identify and evaluate suppliers, negotiate prices, terms, and contracts, and ensure timely delivery of goods and services.
- **Vendor Management**: Develop and maintain relationships with key suppliers, monitor supplier performance, and address any issues or concerns.
- **Contract Management**: Draft, review, and manage procurement contracts and agreements to ensure compliance with company policies and legal requirements.
- **Cost Management**: Analyze market trends and pricing, and implement strategies to reduce costs and improve procurement processes.
- **Inventory Management**: Monitor inventory levels, manage stock replenishment, and coordinate with warehouse and production teams to ensure optimal stock levels.
- **Compliance and Reporting**: Ensure adherence to company procurement policies and procedures, and prepare regular reports on procurement activities, cost savings, and supplier performance.
- **Market Research**: Conduct research to stay updated on industry trends, new products, and emerging technologies that could benefit the company.
- **Process Improvement**: Identify opportunities for process improvements and implement best practices to enhance the efficiency and effectiveness of the procurement function.
- **Cross-Functional Collaboration**: Work closely with internal stakeholders, including finance, operations, and production teams, to understand their needs and provide procurement support.

**Top Skills**:

- **Negotiation**: Strong negotiation skills to secure favorable terms and pricing from suppliers.
- **Analytical Skills**: Ability to analyze data, market trends, and supplier performance to make informed decisions.
- **Communication**: Excellent verbal and written communication skills for effective interaction with suppliers and internal teams.
- **Attention to Detail**: High level of accuracy and attention to detail in managing procurement documentation and processes.
- **Time Management**: Ability to manage multiple tasks and priorities effectively.
- **Problem-Solving**: Strong problem-solving skills to address issues and find solutions in the procurement process.
- **Knowledge of Procurement Software**: Proficiency in using procurement software and tools for managing orders and tracking performance.
- **Interpersonal Skills**: Ability to build and maintain positive relationships with suppliers and internal stakeholders.

**Qualifications**:

- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience in procurement, purchasing, or supply chain management.
- Certification in procurement or supply chain management (e.g., CIPS, CPSM) is a plus.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and procurement software.

**Additional Information**:

- This role may require occasional travel to meet with suppliers or visit other company locations.
- A competitive salary and benefits package will be provided, commensurate with experience and qualifications.

**Experience**:

- total work: 3 years (required)

Work Location: In person

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