Greetings from Corrohealth!!
Job Title
Job Title: Senior Executive - Procurement
Job Summary
We are looking for a highly motivated and detail-oriented Senior Executive - Procurement to manage procurement activities, supplier relationships, purchase planning, and inventory coordination. The role involves ensuring the timely and cost-effective procurement of goods and services while maintaining quality standards and compliance with company policies. The ideal candidate should possess strong negotiation skills, vendor management expertise, and the ability to collaborate effectively with internal and external stakeholders.
Key Responsibilities
- Procurement Operations
- Manage end-to-end procurement activities including sourcing, quotation analysis, purchase orders creation, and delivery tracking.
- Identify, evaluate, and onboard suppliers based on quality, pricing, delivery performance, and reliability.
- Obtain quotations from vendors and conduct comparative analysis to ensure cost-effective procurement decisions.
- Ensure timely procurement of materials, equipment, and services to support business operations.
- Track purchase orders and coordinate with vendors to ensure on-time delivery.
Vendor Management
- Develop and maintain strong relationships with suppliers and service providers.
- Conduct regular vendor performance reviews and recommend improvements where necessary.
- Negotiate pricing, payment terms, delivery schedules, and service agreements to achieve cost savings.
- Resolve vendor-related issues pertaining to delivery delays, quality concerns, and payment discrepancies.
Inventory & Coordination
- Monitor inventory levels and coordinate with internal departments for procurement planning and replenishment.
- Work closely with operations, finance, stores, and other stakeholders to understand procurement requirements.
- Assist in demand forecasting and procurement planning to avoid stock shortages or excess inventory.
Compliance & Documentation
- Ensure procurement activities comply with company policies, procedures, and regulatory requirements.
- Maintain accurate procurement records, contracts, supplier databases, and purchase documentation.
- Support internal and external audits by providing necessary procurement-related information.
Reporting & Analysis
- Prepare and maintain procurement MIS reports, spend analysis reports, and vendor performance reports.
- Analyze procurement trends and identify opportunities for cost reduction and process improvements.
- Track procurement KPIs and provide regular updates to management.
Qualifications
Experience
- 3-6 years of experience in Procurement, Purchasing, Sourcing, or Supply Chain functions.
- Experience in vendor management, procurement planning, and supplier negotiations.
- Hands-on experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar platforms is preferred.
Required Skills
- Procurement and sourcing management
- Vendor evaluation and relationship management
- Negotiation and cost optimization
- Purchase order and contract management
- Inventory planning and control
- Spend analysis and reporting
- ERP and procurement systems knowledge
- Advanced MS Excel skills
- Strong analytical and problem-solving abilities
- Effective communication and stakeholder management