Procurement Executive

The Procurement Executive is responsible for managing the sourcing, purchasing, and supplier negotiation processes to ensure the timely and cost-effective procurement of goods and services. This role requires strong analytical skills, supplier relationship management, and a deep understanding of procurement best practices. The ideal candidate will work closely with internal departments to assess needs, source quality products, and negotiate favorable terms to support business operations.

Responsibilities:

• oversee the procurement process, from sourcing suppliers to finalizing contracts

• identify and evaluate suppliers based on quality, cost, and reliability

• negotiate pricing and contract terms to ensure cost savings and favorable agreements

• manage purchase orders, ensuring timely delivery of goods and services

• monitor supplier performance and maintain strong vendor relationships

• ensure procurement activities comply with company policies and industry regulations

• coordinate with internal departments to determine procurement needs and specifications

• track and analyze procurement data to improve efficiency and cost-effectiveness

• research market trends and new suppliers to enhance procurement strategies

• resolve supply chain issues, such as delays, shortages, or quality concerns

Requirements:

• bachelor’s degree in supply chain management, business administration, or a related field

• 3+ years of experience in procurement, purchasing, or supply chain management

• strong negotiation and supplier management skills

• proficiency in procurement software and ERP systems

• excellent analytical and problem-solving abilities

• ability to work in a fast-paced environment and manage multiple tasks

• strong communication and interpersonal skills

• knowledge of local and international procurement regulations

• experience in a specific industry (e.g., retail, construction, manufacturing) is a plus