Procurement Officer
5 days ago
Job Summary:
The Procurement Officer will be responsible for sourcing suppliers, negotiating contracts, purchasing goods and services, and ensuring timely delivery while maintaining cost-efficiency and quality. The ideal candidate will have strong analytical skills, a solid understanding of supply chain processes, and the ability to manage vendor relationships effectively.
Key Responsibilities:
- Source, evaluate, and negotiate with suppliers and vendors to obtain best pricing and quality.
- Prepare and process purchase orders in accordance with company policies and procedures.
- Monitor and follow up on purchase orders to ensure timely delivery of goods/services.
- Evaluate supplier performance based on quality, price, delivery, and responsiveness.
- Maintain accurate records of purchases, pricing, and inventory.
- Assist in developing procurement strategies that support business goals.
- Collaborate with internal departments (finance, operations, inventory, etc.) to understand their purchasing needs.
- Ensure compliance with relevant procurement policies, legal requirements, and industry regulations.
- Handle issues related to delivery delays, supply shortages, or non-conforming goods.
- Monitor market trends and stay updated on changes in pricing and availability.
Required Skills :
- Bachelors degree in Procurement, Supply Chain Management, Business Administration, or a related field.
- Strong negotiation, analytical, and problem-solving skills.
- Knowledge of procurement processes and vendor management.
- Proficiency in MS Office (especially Excel); experience with ERP systems (e.g., SAP, Oracle, Tally, Zoho, etc.) is a plus.
- Excellent organizational and communication skills.
- High attention to detail and accuracy.
- Ability to work independently and manage multiple priorities.
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