Job Description

Purchase Order Management:

• Assist in the creation and processing of purchase orders (POs).
• Review and verify purchase requisitions and orders to ensure compliance with internal policies.
• Track and follow up on purchase orders to ensure timely delivery and minimize delays.

Supplier Management:

• Establish and maintain relationships with vendors and suppliers.
• Communicate with suppliers to negotiate prices, terms, and delivery schedules.
• Monitor supplier performance to ensure adherence to quality standards, delivery timelines, and contractual agreements.

Data Entry and Documentation:

• Maintain accurate records of purchases, receipts, invoices, and payment details.
• Update procurement databases and systems, ensuring that data is up-to-date and accessible.
• Generate reports on procurement activities, including purchasing trends and cost analysis.

Budget and Cost Control:

• Assist in managing the procurement budget by tracking expenditures and identifying cost-saving opportunities.
• Analyze pricing and seek alternative suppliers to ensure competitive pricing and optimal quality

Compliance and Risk Management:

• Ensure that all procurement activities comply with organizational policies, regulatory requirements, and ethical standards.
• Assist in monitoring and managing risks associated with supply chain disruptions and supplier performance issues.

Communication and Collaboration:

• Work closely with internal departments (Operations, finance, logistics) to understand procurement needs and ensure alignment with business goals.

Skills

• Supplier Management: The Procurement Executive will be responsible for building and maintaining strong relationships with suppliers. The candidate should have excellent communication and negotiation skills to secure favorable terms, monitor supplier performance, and address any issues that may arise.
• Collaboration across cross-functional teams, including finance, operations, and quality control, is imperative for effective execution in the Procurement Executive role.
• The Procurement Executive position requires comprehensive knowledge of market trends, pricing fluctuations, and emerging procurement technologies.
• Candidates applying for the Procurement Executive position should demonstrate at least 3 years of hands-on experience in procurement or supply chain management, highlighting their competence in managing procurement processes and supplier engagements.
• For the Procurement Executive position, candidates should possess extensive knowledge about market trends, price variations, and evolving procurement technologies.
• We're in search of a candidate to fill the Procurement Executive position, someone who can aid in devising procurement strategies that resonate with company aims.