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Procurement Executive
SHAI
Madipakkam
Full-Time
0-3 Years experience
Description
- Identify, evaluate, and select suppliers based on quality, cost, delivery, and service capabilities.
- Source quotations, negotiate prices, terms, and contracts with vendors.
- Prepare and process Purchase Requisitions (PRs) and Purchase Orders (POs).
- Monitor inventory levels and coordinate procurement activities to avoid stock shortages.
- Track order status and ensure timely delivery of goods and services.
- Maintain accurate procurement records, contracts, and supplier databases.
- Develop and maintain strong relationships with suppliers and internal stakeholders.
- Conduct market research to identify new suppliers and cost-saving opportunities.
- Resolve issues related to supplier performance, delivery delays, and quality concerns.
- Ensure procurement activities comply with company policies and regulatory requirements.
- Assist in budget planning and cost control initiatives.
- Generate procurement reports and analyze purchasing trends.
Requirements
- Bachelor's degree in Supply Chain Management, Business Administration, Commerce, or a related field.
- 2-5 years of experience in procurement, purchasing, or supply chain operations.
- Strong negotiation and vendor management skills.
- Proficiency in Microsoft Excel, ERP systems, and procurement software.
- Knowledge of procurement processes, sourcing, and contract management.
- Excellent communication and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Negotiation Skills
- Cost Optimization
- Vendor Relationship Management
- Strategic Sourcing
- Inventory Planning
- Analytical Thinking
- Time Management
- Team Collaboration
About SHAI
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