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Procurement Executive

Posted on Feb. 17, 2025

  • Full Time

Procurement Executive

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Job Description & Requirements

We are seeking an experienced and detail-oriented Buyer to join our team. He or She will play a pivotal role in managing our company's procurement process, ensuring timely and cost-effective acquisition of goods and services while maintaining quality standards. The ideal candidate will have strong negotiation skills, a deep understanding of supply chain management, and a proven track record of optimizing purchasing strategies to drive operational efficiency.

Job Responsibilities:

  • Develop and implement procurement strategies aligned with company objectives.
  • Negotiate contracts / supply agreements to secure the best price & quality of goods & services and contractual terms.
  • Manage supplier relationships, resolve supplier issues and supply risks.
  • Overseeing the procurement process from the end to end supply chain includes PR requisition for delivery, ensuring timely orders fulfillment without impacting customers.
  • Analyse purchasing data and metrics to identify cost-saving opportunities and drive continuous improvement initiatives.
  • Establish and maintain a supplier relationship with regular business reviews ( QBR ) to identify process improvements and cost-saving opportunities.
  • Collaborate with various internal stakeholders to determine procurement needs, demands and specifications.
  • Analyse market trends and pricing to ensure cost-effectiveness and competitiveness.
  • Implementing cost-saving strategies without compromising product quality or delivery timelines.
  • Stay abreast of industry developments, emerging technologies, and new sourcing opportunities to enhance procurement capabilities.
  • Communicate effectively with internal teams to provide updates on procurement status, supply potential risks and lead time.
  • Generate weekly reports on procurement activities, supplier performance, and cost analysis.
  • Ensure adherence to company policies and guidelines during the procurement process.

Qualifications:

  • Diploma/Bachelor's degree Business, Engineering, Purchasing, Supply Chain Management, or a related field
  • Possess at least 3-5 years of purchasing experience in MNC manufacturing.
  • Proficient in MS Office and skilled in using SAP, Oracle or similar MRP/ERP systems.
  • Strong understanding of supply chain and purchasing processes.
  • Excellent interpersonal, verbal and written communication skills.
  • Strong negotiation skills.
  • Good planning and analytical abilities.
  • Ability to work under pressure and meet tight deadlines.
  • Proactive and self-motivated with a strong sense of ownership and accountability.

Job Types: Full-time, Permanent

Pay: $3,000.00 - $4,000.00 per month

Benefits:

  • Health insurance

Schedule:

  • Monday to Friday

Work Location: In person


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