Location: Gurgaon
Work Experience: 3 – 5 Years
Educational Qualifications:
- Mandatory: Bachelor’s Degree
- Preferred: In Business Administration, Supply Chain Management, or related field
Position Overview:
We are looking for a Sr. Executive – Procurement who will be responsible for managing end-to-end procurement activities. The ideal candidate will ensure timely sourcing and delivery of materials and services, maintain productive vendor relationships, and support the company’s operational requirements in a cost-effective and efficient manner.
Key Responsibilities:
- Collaborate with internal departments to understand procurement needs and timelines.
- Identify, evaluate, and onboard new suppliers/vendors based on quality, pricing, and reliability.
- Float RFQs based on procurement plans, prepare comparative analysis, and recommend supplier selections.
- Negotiate with vendors to achieve optimal pricing, delivery terms, and payment conditions.
- Manage the vendor registration and KYC documentation process.
- Create and manage purchase orders (POs) in line with procurement policies.
- Maintain detailed procurement records including POs, agreements, and contracts.
- Monitor and ensure timely procurement and delivery of goods/services; resolve issues like delays, quality problems, and invoice discrepancies.
- Evaluate vendor performance periodically and recommend improvements or changes.
- Ensure compliance with ethical procurement standards and company policies.
- Assist in budget tracking, cost variance analysis, and monthly procurement reporting.
- Coordinate with finance for timely supplier invoice processing and approvals.
Key Competencies & Skills:
- Sound understanding of commercial terms and contract management.
- Strong negotiation and vendor communication skills.
- Knowledge of procurement software and 3-way matching processes.
- Proficient in MS Excel for data analysis, reporting, and cost tracking.
- High attention to detail, organizational and documentation skills.
- Ability to manage multiple priorities and meet tight deadlines.