Procurement Executive

5 days ago

Indore, Madhya Pradesh, India Youtag Infotech Private Limited Full time ₹ 8,00,000 - ₹ 12,00,000 per year

We are looking for an astute procurement officer to oversee purchasing activities and ensure that purchased items are both cost-efficient and of high quality. The procurement officer's responsibilities include supervising staff, maintaining positive supplier relations, evaluating supply options, approving purchases, and maintaining accurate records.

To be successful as a procurement officer you should have an analytical mind and keep up with product and service trends. Ultimately, a top procurement officer should be able to negotiate well and ensure that all purchases comply with company standards.

Procurement Officer Responsibilities

  • Overseeing and supervising employees and all activities of the purchasing department.
  • Preparing plans for the purchase of equipment, services, and supplies.
  • Following and enforcing the company's procurement policies and procedures.
  • Reviewing, comparing, analyzing, and approving products and services to be purchased.
  • Managing inventories and maintaining accurate purchase and pricing records.
  • Maintaining and updating supplier information such as qualifications, delivery times, product ranges, etc.
  • Maintaining good supplier relations and negotiating contracts.
  • Researching and evaluating prospective suppliers.
  • Preparing budgets, cost analyses, and reports.

Procurement Officer Requirements

  • High school diploma/GED.
  • Degree in accounting, business management or a similar field preferred.
  • 2+ years of experience as a procurement officer or in a similar position.
  • Proficiency in Microsoft Office and purchasing software.
  • Strong communication and negotiation skills.
  • Good analytical and strategic thinking skills.
  • Supervisory and management experience.
  • Attention to detail.

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