Procurement Executive

**Job Title: Procurement Executive (Nutraceutical expertise)**

**Company: Nutrition shoppe**

**Location**: Mohali

**Job Type**: Full-Time

**Nutrition shoppe** is a leading nutraceutical plant dedicated to developing and manufacturing high-quality dietary supplements and health products. Our commitment to innovation, quality, and sustainability drives us to seek a dynamic and experienced Procurement Executive to join our team.

**Position Overview**: The Procurement Executive will be responsible for managing the procurement processes for raw materials, packaging, and other supplies necessary for the production of nutraceutical products. This role involves ensuring that all procurement activities align with company objectives and industry regulations while maintaining cost-effectiveness and quality standards.

**Key Responsibilities**:

- **Sourcing and Vendor Management**:

- Identify and evaluate potential suppliers and vendors for raw materials, packaging, and other essential items.
- Negotiate terms, prices, and delivery schedules with suppliers.
- Develop and maintain strong relationships with key suppliers to ensure consistent supply and resolve any issues that arise.
- **Purchase Order Management**:

- Create, issue, and manage purchase orders for required materials and supplies.
- Monitor order status and track delivery schedules to ensure timely receipt of goods.
- Coordinate with the production and quality assurance teams to align procurement activities with production needs.
- **Quality and Compliance**:

- Ensure that all procured materials meet the company’s quality standards and comply with relevant regulations and industry standards.
- Work with the Quality Assurance team to address any quality issues or non-conformities.
- **Inventory Management**:

- Monitor and manage inventory levels to prevent shortages or excess stock.
- Implement and maintain inventory control procedures to optimize stock levels and minimize costs.
- **Cost Management**:

- Analyze market trends and pricing to make informed procurement decisions.
- Implement cost-saving initiatives and seek opportunities for supplier cost reductions.
- **Documentation and Reporting**:

- Maintain accurate records of procurement activities, including supplier contracts, purchase orders, and inventory levels.
- Prepare and present regular reports on procurement performance, including cost analysis and savings achieved.
- **Collaboration and Communication**:

- Collaborate with other departments, such as Production, R&D, and Logistics, to ensure seamless integration of procurement activities with overall business operations.
- Communicate effectively with internal and external stakeholders to address procurement-related issues and provide updates.

**Qualifications**:

- **Education**: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field. A relevant certification (e.g., CIPS, APICS) is a plus.
- **Experience**: Minimum of 3-5 years of experience in procurement, preferably within the nutraceutical or pharmaceutical industry.
- **Skills**: Strong negotiation and communication skills, excellent organizational abilities, and proficiency in procurement software and Microsoft Office Suite.
- **Knowledge**: Understanding of industry regulations, quality standards, and supply chain management principles.
- **Attributes**: Detail-oriented, proactive, and able to work independently as well as part of a team.

**Benefits**:

- Health insurance.
- Paid time off and holidays.
- Opportunities for professional development and career growth.

Pay: ₹35,000.00 - ₹45,000.00 per month

**Benefits**:

- Health insurance
- Leave encashment

Schedule:

- Day shift

Supplemental Pay:

- Performance bonus

**Experience**:

- Procurement: 3 years (required)
- Purchasing: 3 years (preferred)
- resource planning: 3 years (preferred)

Work Location: In person