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Procurement Executive

Company:
91Squarefeet
Location:
VasanthaNagar, Karnataka, 560001, India
Posted:
May 12, 2024
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Description:

Designation- Procurement Specialist

We are seeking a highly skilled and experienced Procurement Executive to develop and implement innovative procurement strategies within our organization. The successful candidate will be responsible for creating cost-effective solutions that address the growing complexities and challenges within the industry. You will play a crucial role in reviewing contract specifications, ensuring supplier compliance, identifying new vendors, and managing project-specific procurement activities. Additionally, you will be expected to maintain records, coordinate with internal departments, negotiate with vendors, and stay updated on changing industry trends.

Experience- 3+ years of experience in the relevant / Design & Build Industry.

Responsibilities

Develop and implement regional procurement strategies that are innovative, cost-effective, and aligned with organizational goals.

Review contract specifications on behalf of the company, ensuring clarity and accuracy.

Ensure suppliers deliver goods or services in accordance with contractual obligations and quality standards.

Identify new vendors and generate competition to optimize the supplier base.

Evaluate and compare vendors based on performance, pricing, quality, and other relevant criteria.

Follow up on procurement activities for various projects, tracking all purchase orders raised and ensuring rigorous delivery follow-ups.

Maintain project-wise procurement records and documentation for reference and auditing purposes.

Track dispatch and follow-up for payments, ensuring timely and accurate documentation and file management.

Develop and nurture vendor relationships, resolving any issues or disputes that may arise.

Collaborate with internal departments, such as projects and finance, to ensure smooth coordination and execution of procurement activities.

Negotiate with vendors to obtain the best offers, terms, and conditions for the company.

Coordinate with suppliers, technical teams, account sections, and site teams to ensure efficient work execution.

Focus on lowering lead time, ensuring on-time delivery, and assuring the quality of transport services and vendor performance.

Stay updated on changing industry trends, market conditions, and best practices in procurement and supply chain management.

Requirements

Proven 2+ years of experience in procurement within the Interior industry.

Knowledge of technical specifications and commercials of interior materials & MEP items.

Strong knowledge of sourcing strategies, Tendering, Contracts, and vendor management.

Excellent negotiation and contract management skills.

Proficient in budgeting and cost control.

Ability to evaluate supplier performance and manage inventory.

Strong analytical and problem-solving abilities.

Knowledge of procurement regulations and compliance.

Strong communication and relationship-building skills.

Detail-oriented and able to work in a fast-paced environment.

Full time

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