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Job Overview: The Procurement Executive is responsible for overseeing and managing all aspects of the procurement process within the organization. They work closely with various departments to ensure timely and cost-effective acquisition of goods and services. The Procurement Executive will also be involved in developing and implementing procurement strategies, as well as identifying and evaluating potential suppliers and vendors.
Key Responsibilities:
Develop and implement procurement strategies and policies to ensure efficient and effective procurement processes. Collaborate with stakeholders, such as project managers, finance, and operations, to understand their procurement needs and allocate resources accordingly. Identify potential suppliers and vendors, evaluate their capabilities, negotiate terms and conditions, and establish long-term relationships to ensure a reliable and competitive supply chain. Conduct market research and analysis to identify market trends, new products, and innovative procurement strategies. Manage the procurement process, including issuing and evaluating RFQs (Request for Quotations), RFPs (Request for Proposals), and RFIs (Request for Information). Review and analyze supplier proposals, negotiate contracts, and ensure compliance with legal and regulatory requirements. Monitor supplier performance, including delivery times, quality of goods and services, and adherence to contractual agreements. Oversee inventory management and coordinate with warehouse and logistics teams to ensure timely delivery of goods. Maintain accurate records of procurement activities, including contracts, bids, and supplier information. Stay up-to-date with industry trends and best practices in procurement to drive continuous improvement and cost savings initiatives. Develop and maintain strong relationships with internal stakeholders and external suppliers to enhance collaboration and performance.
Qualifications and Skills:
Note:
This job description is intended to convey information essential to understanding the scope of the Procurement Executive's position and the general nature and level of work performed. It is not intended to be an exhaustive list of qualifications, skills, duties, responsibilities, or working conditions associated with the position.
Location:
If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements. We’re interested in getting to know you and what you bring to the table!
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