Procurement Executive

KeyBiz Dashboards Pvt Ltd; Hyderabad; On-site; INR 500,000 - 700,000; Full time

Job summary

KeyBiz Dashboards Pvt Ltd in Hyderabad is seeking a skilled procurement specialist to manage vendor relationships and ensure timely procurement processes. The role involves sourcing vendors, negotiating pricing, and processing purchase orders while maintaining compliance with company procurement policies.

The ideal candidate will collaborate with internal departments to support procurement needs and implement cost-saving initiatives. Strong organizational skills and experience in vendor management are essential for success in this position.

Responsibilities

• Source, evaluate, and onboard vendors as per organizational requirements.
• Obtain quotations, prepare comparative statements, and negotiate pricing.
• Generate and process Purchase Orders (POs) and ensure timely procurement.
• Coordinate with internal departments for procurement needs.
• Follow up with suppliers for on-time delivery and resolve supply issues.
• Monitor inventory levels and support cost-effective purchasing.
• Maintain procurement records and vendor databases.
• Ensure compliance with procurement policies and quality standards.
• Track market trends and implement cost-saving initiatives.
• Support vendor performance evaluation and relationship management.

Job description

• Source, evaluate, and onboard vendors as per organizational requirements.
• Obtain quotations, prepare comparative statements, and negotiate pricing, payment terms, and delivery schedules.
• Generate and process Purchase Orders (POs) and ensure timely procurement of materials and services.
• Coordinate with internal departments to understand procurement needs and maintain uninterrupted supply.
• Follow up with suppliers to ensure on-time delivery and resolve any supply-related issues.
• Monitor inventory levels and support cost-effective purchasing decisions.
• Maintain procurement records, vendor databases, contracts, and related documentation.
• Ensure compliance with company procurement policies and applicable quality standards.
• Track market trends, identify alternate sources, and implement cost-saving initiatives.
• Support vendor performance evaluation and relationship management activities.