Procurement Executive
Skills
About This Role
Procurement Execution
- Manage end-to-end procurement operations: vendor sourcing, quotation analysis, purchase orders, order tracking.
- Ensure compliance with company policies and procurement audit standards.
- Review and validate purchase requisitions and ensure timely execution.
Supplier Management
- Maintain and enhance relationships with key suppliers.
- Lead vendor registrations, price negotiations, contract renewals, and supplier onboarding.
- Manage and resolve NCRs (non-conformance reports) effectively.
- Conduct supplier performance reviews and appraisals.
Planning & Strategy
- Work closely with BDMs to support strategic sourcing initiatives.
- Contribute to demand and supply planning by analyzing historical data, inventory levels, forecasts, and market insights.
- Conduct quarterly inventory evaluations and suggest reorder points (min/max).
Cross-Functional Coordination
- Coordinate effectively with Sales, Logistics, Finance, and Business Development teams.
- Act as focal point for back-to-back order execution (excluding base oil).
- Align procurement activities with business requirements to avoid under/over-stocking.
Data & Compliance
- Maintain accurate procurement records: supplier activity, purchase history, pricing logs, and trackers.
- Evaluate procurement trends, payment status, and supplier performance.
- Support preparation of reports, dashboards, presentations, meeting agendas, and minutes of meetings.
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