Procurement Executive (225-731)

As a Procurement Executive, you will be an integral part of our company's supply chain management team, responsible for sourcing and purchasing the highest quality products and services at the most competitive prices. Your role will involve analyzing market trends, negotiating contracts, and maintaining strong relationships with suppliers to ensure our operations run smoothly and efficiently. You will need to be adept at managing multiple projects simultaneously and possess a firm understanding of procurement strategies and inventory management systems. The position requires excellent analytical, negotiation, and communication skills to effectively liaise with internal departments and external vendors, ensuring that procurement processes align with organizational goals and compliance standards.

Responsibilities

• Develop and implement procurement strategies to meet business objectives and financial goals.
• Negotiate and establish favorable terms with suppliers, vendors, and service providers.
• Monitor and analyze market trends to identify potential sourcing opportunities.
• Maintain and update a database of suppliers, products, and pricing information.
• Coordinate and oversee the procurement process from order to delivery.
• Ensure compliance with company policies, industry regulations, and legal requirements.
• Establish and maintain positive working relationships with key suppliers and stakeholders.
• Assess procurement risks and develop mitigation strategies to manage potential disruptions.
• Prepare and present procurement reports and analyses for senior management review.
• Collaborate with cross-functional teams to align procurement activities with company goals.
• Evaluate supplier performance and conduct regular supplier audits and assessments.
• Implement cost-saving initiatives to improve efficiency and reduce expenditure in procurement.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, or related field.
• Proven experience in procurement, purchasing, or a similar role in a dynamic environment.
• Strong negotiation skills with the ability to influence and drive results.
• Excellent analytical abilities to assess market trends and business priorities.
• Proficient in procurement software and inventory management systems.
• Ability to manage multiple projects and priorities simultaneously with attention to detail.
• Exceptional communication and interpersonal skills for effective supplier management.
• Knowledge of legal and regulatory aspects of procurement and supply chain management.
• Strong organizational skills and proactive problem-solving capabilities.