Procurement Executive

Job Summary:

We are looking for a proactive and detail-oriented Procurement Executive to manage vendor sourcing, procurement coordination, supplier evaluation, and purchase operations for domestic and international procurement requirements. The ideal candidate should possess strong negotiation, communication, and analytical skills with the ability to build reliable vendor relationships, optimize procurement costs, and ensure timely availability of materials.

Fresh graduates with strong academic fundamentals and a willingness to learn procurement and supply chain operations are encouraged to apply.

Key Responsibilities:

Vendor Sourcing & Supplier Development:

1. Identify, evaluate, and onboard domestic and international vendors.
2. Conduct market research to identify reliable suppliers and new sourcing opportunities.
3. Develop and maintain a robust vendor database.
4. Perform vendor due diligence and verification before onboarding.
5. Build long-term supplier relationships to support business growth.

Procurement & Purchase Management:

1. Coordinate procurement activities based on business requirements.
2. Float RFQs, collect quotations, and compare vendor proposals.
3. Prepare and process Purchase Orders (POs).
4. Ensure timely procurement of materials and services.
5. Monitor order status and coordinate with vendors to ensure on-time deliveries.

Vendor Evaluation & Negotiation:

1. Compare quotations based on price, quality, delivery timelines, and commercial terms.
2. Negotiate pricing, payment terms, and delivery schedules.
3. Conduct periodic vendor performance reviews.
4. Identify opportunities for cost reduction without compromising quality.

Cross-Functional Coordination:

1. Coordinate with Operations, Sales, Logistics, Warehouse, and Finance teams.
2. Resolve procurement and supplier-related issues proactively.
3. Support smooth execution of procurement and supply chain activities.

Documentation & Compliance:

1. Maintain procurement records, vendor documentation, and purchase files.
2. Ensure compliance with company procurement policies.
3. Assist in import/export documentation and regulatory requirements.
4. Prepare procurement reports and MIS as required.

Cost & Quality Management:

1. Monitor market price trends and recommend cost-saving initiatives.
2. Ensure procured materials meet quality standards.
3. Support continuous improvement in procurement processes.

Educational Qualification:

1. Bachelor's degree in Commerce, Business Administration, Supply Chain Management, Operations, or a related discipline.
2. Certification in Procurement or Supply Chain Management is preferred but not mandatory.

Preferred Candidate Profile:

1. 1–2 years of experience in Procurement, Purchase, Vendor Development, or Supply Chain.
2. Freshers with excellent analytical skills and a strong willingness to learn are welcome to apply.
3. Good knowledge of procurement processes and vendor management.
4. Strong negotiation and coordination skills.
5. Proficient in MS Excel and reporting.
6. Ability to work in a fast-paced environment and manage multiple priorities.
7. Excellent communication and interpersonal skills.