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Procurement Executive

Procurement Executive

ConfidentialDelhi
17 days ago
Job description

Key Responsibilities :

Requirement Analysis :

  • Collaborate with product, sales, and planning teams to identify product / category needs and stock gaps.
  • Analyze SKU performance to determine replenishment needs.

Vendor Management :

  • Identify, evaluate, and select suitable vendors based on quality, price, and delivery timelines.
  • Build and maintain strong vendor relationships to ensure consistent supply and service quality.
  • Negotiate terms, pricing, and payment conditions with vendors.
  • Procurement Operations :

  • Execute purchase orders in line with organizational policies and timelines.
  • Track order status to ensure timely delivery and escalate delays where necessary.
  • Coordinate with logistics and warehouse teams for smooth inbound processing.
  • Inventory & Cost Control :

  • Monitor and maintain optimal inventory levels to avoid stockouts or overstocking.
  • Analyze procurement spending and identify opportunities for cost reduction.
  • Compliance & Documentation :

  • Ensure procurement processes align with internal policies and industry standards.
  • Maintain accurate procurement records, including contracts, invoices, and delivery notes.
  • Reporting & Analysis :

  • Prepare and present reports on inventory status, procurement cost analysis, and vendor performance.
  • Support audits and provide documentation when required.
  • Skills Required

    Procurement, Logistics, Inventory Management, Operations, Supply Chain, Vendor Management

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