procurement excutive
procurement excutive
Posted on :
17-04-2025
Employer Active
1 Vacancy
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Job Description
Procurement Executive is responsible for managing the procurement process ensuring efficient and costeffective acquisition of goods and services while adhering to company policies and regulations. They negotiate with suppliers analyze market trends and develop sourcing strategies to optimize pricing and terms.
Key Responsibilities:
Sourcing and Supplier Management:
Identify potential suppliers evaluate their capabilities and build strong relationships.
Negotiation and Contract Management:
Negotiate favorable contract terms with suppliers ensuring compliance with company policies and regulations.
Cost Analysis and Budget Management:
Analyze market trends compare supplier pricing and develop costeffective procurement strategies.
Order Processing and Fulfillment:
Process purchase orders track shipments and ensure timely delivery of goods and services.
Performance Monitoring and Improvement:
Track key procurement metrics identify areas for improvement and implement best practices.
Documentation and Reporting:
Maintain accurate records of procurement activities including purchase orders contracts and supplier information.
Key Skills:
Negotiation: Ability to effectively negotiate favorable terms with suppliers.
Communication: Excellent written and verbal communication skills for interacting with suppliers and internal stakeholders.
Analytical Skills: Ability to analyze market data compare pricing and identify costsaving opportunities.
Strategic Thinking: Ability to develop and implement longterm sourcing strategies.
Risk Management: Ability to identify and mitigate potential risks associated with procurement activities.
Educational Requirements:
A Bachelors degree in a related field (e.g. Business Administration Supply Chain Management Economics) is generally preferred.
Relevant industry experience and certifications (e.g. CIPS certification) can also be valuable.
Career Progression:
Procurement Executive roles can lead to positions like Procurement Manager Sourcing Manager or even Chief Procurement Officer.
Employment Type
Full Time
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