Procurement Executive

Job description

Duties & Responsibilities

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We are looking for a dynamic Purchase Executive with 4-5 years of experience in the Food & Beverage industry. The candidate will be responsible for end-to-end procurement activities, vendor management, sourcing, and cost optimization while ensuring timely availability of materials and compliance with quality standards.

Key Responsibilities

Source and procure food, beverage, retail, packaging, consumables, and non-food items from approved vendors.

Identify, evaluate, and negotiate with vendors to obtain the best quality, pricing, and commercial terms.

Raise Purchase Orders (POs) after vendor finalization and obtain internal approvals.

Ensure timely procurement and delivery of materials to support business operations.

Manage Just-in-Time (JIT) procurement for perishable and fast-moving products.

Develop and maintain strong relationships with suppliers and monitor vendor performance.

Conduct market research to identify new suppliers, products, and cost-saving opportunities.

Negotiate annual contracts and ensure timely renewal of vendor agreements.

Coordinate with Operations, Stores, Finance, and other departments to understand procurement requirements.

Monitor inventory levels and coordinate replenishment to avoid stock shortages or excess inventory.

Analyze procurement data, pricing trends, and supplier performance to improve procurement efficiency.

Ensure compliance with company procurement policies and quality standards.

Perform risk assessment for supply contracts and develop contingency plans for critical items.

Control procurement spend and contribute to long-term cost savings initiatives.

Required Skills

Experience in procurement within the F&B or Retail industry is mandatory.

Strong vendor management and negotiation skills.

Good knowledge of food ingredients, beverages, retail merchandise, packaging materials, and consumables.

Understanding of inventory management and procurement planning.

Excellent communication, coordination, and analytical skills.

Proficiency in MS Excel and Microsoft Office.

Working knowledge of ERP systems (SAP, Oracle, Microsoft Dynamics, Zoho, or similar) is an added advantage.

Preferred Candidate Profile

Experience in restaurants, cafs, QSRs, food chains, supermarkets, retail chains, cloud kitchens, FMCG, or hospitality procurement.

Ability to manage multiple vendors and procure both food and non-food categories.

Strong commercial acumen with a focus on quality, cost optimization, and timely deliveries.

Pay

₹450,000.00 - ₹600,000.00 per year

Benefits

Health insurance

Provident Fund

Work Location

In person