Procurement Executive

ob Title: Executive – Procurement

Band / Grade: Team Lease Payroll
Department: Procurement / Supply Chain
Location: [Mumbai]

Job Purpose:

The Executive – Procurement is responsible for sourcing, negotiating, and procuring goods and services to meet the organization’s operational requirements. The role involves vendor management, compliance, cost-saving initiatives, and coordination with internal teams to ensure timely and efficient procurement processes.

Key Responsibilities:

Sourcing & Procurement:

• Source and procure goods and services as per organizational requirements.

• Identify and evaluate new vendors and suppliers.

• Negotiate contracts and pricing to ensure optimal cost and quality.

• Analyze vendor rates and facilitate approvals for cost estimates.

• Ensure timely delivery and adherence to quality standards.

Vendor Management:

• Perform due diligence checks for all new and renewing vendors.

• Maintain and update the Vendor Master database.

• Conduct quarterly vendor performance evaluations for RFP/RFQ suppliers.

• Build and maintain strong relationships with suppliers to ensure favorable terms and service levels.

Documentation & Compliance:

• Maintain RFP/RFQ/RFI-related documentation.

• Manage and update Due Diligence and Procurement Trackers regularly.

• Maintain compliance and risk-related data for all procurement activities.

• Stay informed of legal and industry trends impacting vendor agreements.

Reporting & Coordination:

• Prepare and submit Monthly Procurement MIS reports.

• Collaborate with cross-functional teams for upcoming contract renewals.

• Maintain records of purchase orders, contracts, and invoices.

Key Performance Indicators (KPIs):

Qualitative:

• Implementation and tracking of cost-saving initiatives.

• Improvement in procurement process efficiency.

• Promotion of supplier diversity in sourcing.

Quantitative:

• Positive feedback from internal and external stakeholders.

• Accuracy and timeliness of reports and trackers.

• On-time vendor onboarding and contract renewals.

Preferred Credentials:

Education:

• Graduate in B.Com, B.Sc, or BMS

• Freshers are welcome

Competencies:

• Strong verbal and written communication skills.

• Good networking and interpersonal skills.

• Attention to detail and ability to manage documentation.

• Basic understanding of procurement processes and vendor management.

Other Details:

• Employment Type: Full-time, Contractual (Team Lease Payroll)

• It is a Full Time తయారీ job for candidates with 6 months - 3 years of experience.

Procurement Executive job గురించి మరింత

1. Procurement Executive jobకు apply చేయడానికి అర్హతా ప్రమాాణాలు ఏమిటి?
   Ans: అభ్యర్థికి గ్రాడ్యుయేట్, అంత కంటే ఎక్కువ మరియు అంతకంటే ఎక్కువ 6 months - 3 years of experience అనుభవంతో ఉండాలి
2. ఈ Job రోల్ కోసం నేను ఎంత జీతం ఆశించగలను?
   Ans: మీ ఇంటర్వ్యూపై ఆధారపడి శాలరీ ₹10000 - ₹23000 నెలకుని మీరు ఆశించవచ్చు. ఇది ముంబైలో Full Time Job.
3. Procurement Executive job కొరకు ఎన్ని పనిదినాలు ఉన్నాయి?
   Ans: ఈ Procurement Executive jobకు 6 working days ఉంటాయి.
4. ఈ Procurement Executive jobకు apply చేసేటప్పుడు లేదా చేరేటప్పుడు ఏవైనా ఛార్జీలు ఉన్నాయా?
   Ans: లేదు, ఈ Procurement Executive jobకు కంపెనీలో ఉదాహరణకు, India First Lifeలో పనిచేసేటప్పుడు ఎలాంటి ఫీజులు వర్తించవు.
5. ఇది ఇంటి నుండి పని చేసే పనినా?
   Ans: లేదు, ఇది ఇంటి వద్ద నుంచి Job కాదు మరియు ఆన్‌లైన్‌లో చేయలేం.
6. ఈ Procurement Executive రోల్ కు ఎన్ని ఓపెనింగ్‌లు ఉన్నాయి?
   Ans: India First Life వద్ద 5 Procurement Executive ఇమ్మీడియెట్ ఓపెనింగ్ ఉంది
7. ఈ Jobకు ఎవరు apply చేసుకోవచ్చు?
   Ans: ఈ తయారీ jobకి పురుష, మహిళా అభ్యర్థులు apply చేసుకోవచ్చు.
8. ఈ Procurement Executive Job టైమింగ్స్ ఏమిటి?
   Ans: ఈ Procurement Executive job Day Shift కలిగి ఉంది.