Procurement Executive
Procurement Executive
Posted on :
07-03-2025
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1 Vacancy
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Job Description
Roles & Responsibility
- Ensure efficient handling of supplier queries and issues through meticulous logging and escalation procedures.
- Negotiate with suppliers to secure competitive pricing and favorable contract terms optimizing costeffectiveness.
- Execute bidding processes for indirect materials and services ensuring efficiency and adherence to budgetary constraints.
- Conduct comprehensive market research issue RFIs and RFPs and analyze proposals to inform supplier selection and contract preparation.
- Perform advanced expenditure analyses to provide key stakeholders with valuable insights and strategic guidance.
- Coordinate agreement renewals or terminations with suppliers ensuring seamless transitions and maintaining positive relationships.
- Lead annual priceupdate initiatives to uphold competitiveness and cost efficiency aligned with strategic sourcing strategies.
- Develop a deep understanding of industry dynamics and supplier landscapes ensuring optimal solution selection compliant with PMI Principles & Practices.
Requirements
- 34years experience in procurement
- Good knowledge of IT Procurement and price negotiation
- Willing to work from office (Bangalore)
- Exceptional communication skills
- Good sourcing knowledge
Benefits
- Competitive salary and performancebased incentives.
- ESOP plan.
- Flexible work hours.
- Opportunities for career growth and advancement within a rapidly growing company.
- Dynamic and collaborative work environment with a diverse and talented team
1. Ensure efficient handling of supplier queries and issues through meticulous logging and escalation procedures. 2. Negotiate with suppliers to secure competitive pricing and favorable contract terms, optimizing cost-effectiveness. 3. Execute bidding processes for indirect materials and services, ensuring efficiency and adherence to budgetary constraints. 4. Conduct comprehensive market research, issue RFIs and RFPs, and analyze proposals to inform supplier selection and contract preparation. 5. Perform advanced expenditure analyses to provide key stakeholders with valuable insights and strategic guidance. 6. Coordinate agreement renewals or terminations with suppliers, ensuring seamless transitions and maintaining positive relationships. 7. Lead annual price-update initiatives to uphold competitiveness and cost efficiency, aligned with strategic sourcing strategies. 8. Develop a deep understanding of industry dynamics and supplier landscapes, ensuring optimal solution selection compliant with PMI Principles & Practices.
Employment Type
Full Time
Key Skills
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