Procurement Executive

2 days ago

Bengaluru, Karnataka, India Oaktree Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Description:

Oaktree designs and builds premium modular kitchens and wardrobes known for quality and innovation. We are looking for a Procurement Executive to manage purchasing, vendor relations, inventory management, and support overall procurement operations.

Job Title:
Procurement Executive

Role & Responsibility:

  • Create sales orders, prepare quotations, and provide cost estimates from drawings.
  • Arrange and check product samples and update order status in the Arambha system.
  • Receive raw materials as per purchase orders; create GRN and submit bills to Accounts.
  • Issue raw materials as per BOM; create GIN/MFJ and share with reporting manager/STV verification.
  • Maintain accurate inventory levels and monitor stock usage.
  • Identify, evaluate, and negotiate with vendors for quality, price, and timely delivery.
  • Maintain approved supplier databases and manage vendor relationships.
  • Assist in budgeting, cost control, and contract management.
  • Ensure procurement practices comply with company policies and statutory requirements.
  • Track supply chain risks and perform market research to support procurement decisions.
  • Maintain complete procurement and inventory documentation and prepare periodic reports.
  • Collaborate with operations, sales, finance, and other teams to ensure smooth workflow.
  • Other duties as assigned by management.

Key Competencies and Person Specification
:

  • Qualification:
    B.Com / M.Com
  • Experience:
    1 – 2 years in procurement, purchasing, or inventory management.
  • Skills:
    Strong analytical, negotiation, and problem-solving skills; proficiency in MS Excel; knowledge of ERP/inventory software.
  • Location:
    Bannerghatta, Bangalore.
  • Reporting to:
    Procurement Head / Management.

Compensation:

Competitive and negotiable based on experience and capability.

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