Procurement Executive

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