Procurement Executive

RGBSI; Chennai District; On-site; INR 800,000 - 1,100,000; Full time

Job summary

RGBSI is seeking a Procurement Executive to manage end-to-end purchasing activities, emphasizing hands-on SAP MM experience to streamline workflows, manage POs, and maintain inventory data.

You will source suppliers, negotiate terms, and ensure compliance with governance and audit requirements, collaborating with cross-functional teams to optimize value and risk management.

Qualifications

• Experience: 25 years of proven experience working as a Procurement Executive, Buyer, or Sourcing Specialist.
• Education: Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field.
• Technical Skills: SAP MM module proficiency; MS Excel (VLOOKUP, Pivot Tables) for data analysis.

Responsibilities

• Identify, evaluate, and onboard reliable vendors and suppliers aligned with quality and cost standards.
• Lead commercial negotiations for pricing, payment terms, and SLAs with suppliers.
• Execute complete Procure-to-Pay (P2P) cycles in SAP: PRs, POs, GRNs, RFQs, and price variance resolution.
• Coordinate with warehouse and logistics teams to ensure timely delivery and adherence to governance.

Skills

SAP MM

MS Excel

Supplier management

Negotiation

P2P processes

Inventory coordination

Communication

Education

Bachelor’s degree in SCM/Business/Engineering

Tools

SAP MM

Job description

Job Title: Procurement Executive

Job Overview

We are seeking a results-driven and detail-oriented Procurement Executive to manage our end-to-end purchasing activities. In this role, you will be responsible for sourcing high-quality goods and services, evaluating suppliers, and executing strategic negotiations to secure the best commercial terms. A critical requirement for this role is hands-on expertise in SAP MM (Materials Management) to streamline our procurement workflows, manage purchase orders, and maintain accurate inventory data.

Key Responsibilities

1. Sourcing & Supplier Management

• Identify, evaluate, and onboard reliable vendors and suppliers aligned with company quality and cost standards.
• Conduct market research to identify emerging sourcing trends, potential supply risks, and cost-saving opportunities.
• Maintain and update a comprehensive database of approved vendors and track supplier performance indicators (KPIs) such as on-time delivery and quality.

2. Strategic Negotiation

• Lead commercial negotiations with suppliers to secure competitive pricing, favorable payment terms, and robust Service Level Agreements (SLAs).
• Review, negotiate, and manage vendor contracts and annual purchase agreements to maximize value and minimize legal or supply risks.
• Collaborate with internal technical or operations teams to understand exact specifications before initiating vendor negotiations.

3. SAP & Procurement Operations

• Execute the complete Procure-to-Pay (P2P) cycle efficiently within SAP.
• Generate and manage Purchase Requisitions (PR), Purchase Orders (PO), Goods Receipts (GRN), and Request for Quotations (RFQ) in the SAP system.
• Analyze SAP data to track inventory levels, monitor open POs, and resolve any price or quantity variances during invoice verification.

4. Inventory & Compliance

• Coordinate with warehouse and logistics teams to ensure timely delivery of materials and prevent stockouts or overstocking.
• Ensure all procurement activities strictly adhere to corporate governance, ethical sourcing standards, and financial audit requirements.

Required Skills & Qualifications

• Experience: 25 years of proven experience working as a Procurement Executive, Buyer, or Sourcing Specialist.
• Education: Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field.
• Technical Skills: Advanced, hands-on proficiency in SAP (specifically the MM module) is mandatory. Strong skills in MS Excel (VLOOKUPs, Pivot Tables) for data analysis.
• Core Competencies:
  
  • Exceptional negotiation, persuasion, and relationship-building skills.
  • Solid understanding of sourcing methodologies and supply chain dynamics.
  • Strong analytical skills to evaluate quotes, cost breakdown, and market trends.
  • Excellent verbal and written communication skills to interact with global vendors and internal stakeholders.