Procurement Executive

Position Overview

The Procurement Executive will be responsible for managing the sourcing, negotiation, and procurement of goods required by the organization. The role involves supporting day-to-day business operations including sales tracking, margin analysis, and inventory management. The ideal candidate should have a basic understanding of business concepts and a willingness to learn and grow.

Responsibilities

• Source, evaluate, and select reliable suppliers and vendors.
• Negotiate terms, pricing, and contracts to achieve cost savings.
• Raise purchase orders and ensure timely delivery of goods/services.
• Monitor inventory levels and coordinate with the store/warehouse team.
• Maintain vendor database and build strong supplier relationships.
• Track procurement KPIs (cost, quality, lead time, compliance).
• Ensure all procurement activities comply with company policies and standards.
• Conduct market research to identify new and alternative suppliers.
• Resolve procurement-related issues such as delays, shortages, or quality discrepancies.
• Collaborate with finance for invoice verification and payment processing.

Qualifications

• Bachelor’s degree in Supply Chain, Business Administration, Commerce, or related field.
• 1–3 years of experience in procurement, supply chain, or vendor management (fresher with internship experience can also apply, if applicable).
• Strong knowledge of negotiation and business concepts is essential

Skills

• Excellent negotiation and communication skills.
• Strong analytical and problem-solving ability.
• Good organizational and time management skills.
• Proficiency in MS Office (Excel, Word, PowerPoint).
• Ability to work under pressure and meet deadlines.
• Attention to detail and a results-oriented mindset.

Job Type: Full-time

Work Location: In person