Procurement Executive

Responsibilities

• Manage end-to-end procurement operations: vendor sourcing, quotation analysis, purchase orders, order tracking.
• Ensure compliance with company policies and procurement audit standards.
• Review and validate purchase requisitions and ensure timely execution.
• Maintain and enhance relationships with key suppliers.
• Lead vendor registrations, price negotiations, contract renewals, and supplier onboarding.
• Manage and resolve NCRs (non-conformance reports) effectively.
• Conduct supplier performance reviews and appraisals.
• Work closely with BDMs to support strategic sourcing initiatives.
• Contribute to demand and supply planning by analyzing historical data, inventory levels, forecasts, and market insights.
• Conduct quarterly inventory evaluations and suggest reorder points (min/max).

Cross-Functional Coordination

• Coordinate effectively with Sales, Logistics, Finance, and Business Development teams.
• Act as focal point for back-to-back order execution (excluding base oil).
• Align procurement activities with business requirements to avoid under/over-stocking.

Data & Compliance

• Maintain accurate procurement records: supplier activity, purchase history, pricing logs, and trackers.
• Evaluate procurement trends, payment status, and supplier performance.
• Support preparation of reports, dashboards, presentations, meeting agendas, and minutes of meetings.