Procurement Executive 13F25

The Procurement Executive is a pivotal role within our organization, responsible for streamlining purchasing operations and ensuring the efficiency and cost-effectiveness of all procurement activities. As a Procurement Executive, you will manage supplier relationships, negotiate contracts, and ensure compliance with organizational and regulatory requirements. You will also contribute to the development of procurement strategies that support the company’s financial goals and operational needs. By leveraging your expertise in market analysis and supplier management, you will play a critical role in maintaining a reliable supply chain, minimizing procurement risks, and securing products and services at competitive prices. This role demands a proactive individual with excellent communication and analytical skills, capable of collaborating effectively across various departments.

Responsibilities

• Develop and implement procurement strategies that align with company objectives and values.
• Negotiate and manage contracts with suppliers to secure advantageous terms.
• Conduct market research to identify potential suppliers and evaluate their offerings.
• Maintain strong and effective relationships with suppliers and internal stakeholders.
• Monitor and manage the performance of suppliers to ensure quality and timeliness of products.
• Ensure procurement practices and activities comply with legal and regulatory requirements.
• Collaborate with the finance team to optimize budgeting and cost-saving initiatives.
• Prepare and present reports on procurement progress and cost analyses to management.
• Continuously evaluate the supply chain process to identify risks and drive improvements.
• Manage inventory levels and coordinate with logistics to optimize storage and delivery.
• Develop procurement policies and procedures to improve efficiency and effectiveness.
• Train and mentor junior procurement staff to enhance team capabilities and performance.

Requirements

• Bachelor’s degree in Supply Chain Management, Business, or related field.
• Proven experience as a Procurement Executive or in a similar procurement role.
• Strong negotiation skills with a track record of successful procurement deals.
• Excellent analytical skills to evaluate suppliers and market conditions effectively.
• Exceptional communication and interpersonal skills for stakeholder management.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.
• Certified Professional in Supply Management (CPSM) is a plus but not mandatory.