Procurement Officer

A Procurement Officer is responsible for purchasing goods, materials, and services required by the organization while ensuring cost-effectiveness, quality standards, and timely delivery. The role involves vendor management, contract negotiation, and ensuring compliance with company procurement policies.

Key Responsibilities

• Purchasing & Sourcing
• Identify, evaluate, and select suppliers for goods and services.
• Obtain quotations, compare prices, and negotiate contracts.
• Ensure procurement is done at the best price and quality.
• Vendor Management
• Maintain strong relationships with suppliers and vendors.
• Evaluate supplier performance regularly.
• Resolve issues related to delivery, quality, or pricing.
• Procurement Planning
• Forecast purchasing needs based on departmental requirements.
• Prepare purchase orders and ensure approval processes are followed.
• Monitor inventory levels to avoid shortages or overstock.
• Cost Control
• Conduct cost analysis and identify cost-saving opportunities.
• Negotiate favorable payment terms with suppliers.
• Compliance & Documentation
• Ensure procurement activities comply with company policies and legal regulations.
• Maintain accurate procurement records, contracts, and supplier documentation.
• Coordination
• Coordinate with finance, logistics, and warehouse teams.
• Track shipments and ensure timely delivery of goods.
• Reporting
• Prepare procurement reports and supplier analysis.
• Monitor procurement KPIs and performance metrics.

Required Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• 2–5 years of experience in procurement or purchasing roles.
• Knowledge of procurement software and ERP systems.

Job Type: Full-time

Pay: Rs40,000.00 - Rs50,000.00 per month

Work Location: In person