Procurement Trainee

JOB DESCRIPTION FOR PROCUREMENT EXECUTIVE

Purpose of Position

A Procurement Executive is responsible for assisting in the sourcing and purchasing of products and services required by the company. This role involves supporting the procurement strategy to ensure cost-effectiveness and efficiency.

Key Role Responsibilities

Supplier Sourcing

Identify, evaluate, and maintain reliable suppliers while building strong partnerships.

Negotiation

Support price negotiations, evaluate contract terms, and secure cost-effective deals.

Cost Management

Monitor procurement budgets, analyze spending, and identify cost-saving opportunities.

Compliance

Ensure procurement activities comply with applicable regulations, policies, and documentation requirements.

Risk Management

Identify procurement risks and implement measures to minimize potential disruptions.

Process Optimization

Improve procurement processes, maintain documentation, and enhance operational efficiency.

Inventory Management

Monitor stock levels, coordinate replenishment, and maintain accurate inventory records.

Logistics Coordination

Coordinate deliveries, track shipment status, and ensure timely material availability.

Supplier Relationship Management

Monitor supplier performance, maintain relationships, and resolve supplier-related issues.

Reporting \& Analysis

Prepare procurement reports, analyze performance metrics, and provide insights to management.

Candidate Profile

• Experience: 1-2 years in procurement, supplier management, and negotiation.

• Education: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.

• Skills: Vendor sourcing, negotiation, cost analysis, contract management, and inventory control.

• Technical Skills: MS Excel, procurement software, and inventory management systems.

• Soft Skills: Communication, problem-solving, and decision-making.

Pay

₹15,000.00 - ₹18,000.00 per month

Work Location

In person