Procurement Executive

Nextbridge Global; Lahore; On-site; PKR 450,000 - 900,000; Full time

Job summary

Nextbridge Global seeks a Procurement Executive in Lahore to manage procurement activities, source suppliers, and support cost-efficient purchasing aligned with business needs.

You will collaborate with vendors, maintain supplier relationships, and ensure timely delivery while adhering to local laws and company policies.

Qualifications

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Min. 3 years of experience in procurement or supply chain management.
• Strong negotiation, communication, and interpersonal skills.
• Knowledge of Pakistani or UAE procurement laws is preferred.

Responsibilities

• Identify and evaluate potential suppliers, negotiate terms, and establish long-term relationships.
• Maintain a database of approved suppliers, ensuring compliance with quality standards and policies.
• Prepare purchase orders based on approved requisitions.
• Monitor order status and ensure timely delivery.
• Analyze pricing trends and implement cost-saving measures.
• Ensure procurement activities comply with relevant laws and company policies.
• Collaborate with logistics, inventory, and HR teams as needed.
• Prepare procurement performance reports for management.

Skills

Negotiation

Communication

ERP systems

Analytical skills

Attention to detail

Multitasking

Vendor management

Interpersonal skills

Education

Bachelor’s degree in Business Administration or related field

Tools

ERP software

Job description

We are hiring a Procurement Executive responsible for managing procurement activities and ensuring the timely and cost-effective acquisition of goods and services. The role involves collaborating with vendors, maintaining supplier relationships, and supporting the supply chain process to meet business needs.

Experience: Min 3 Years

Location: Lahore

Key Responsibilities

• Identify and evaluate potential suppliers, negotiate terms, and establish long-term relationships.
• Maintain a database of approved suppliers, ensuring compliance with quality standards and company policies.
• Conduct market research to source reliable suppliers with competitive pricing.
• Prepare purchase orders based on approved requisitions.
• Ensure timely procurement of goods and services as per company standards and budget.
• Monitor order status, ensuring timely delivery and addressing any discrepancies or delays.
• Analyze pricing trends and implement cost-saving measures.
• Negotiate pricing and contracts with suppliers to ensure the best value for the company.
• Monitor budgetary constraints and contribute to cost reduction initiatives.
• Ensure that all procurement activities comply with company policies, local laws, and regulations (including relevant Pakistani or UAE laws if applicable).
• Maintain accurate records of purchases, contracts, and supplier agreements.
• Prepare and review reports for the Procurement Manager on purchasing performance and supplier evaluation.
• Work closely with inventory and warehouse teams to monitor stock levels and avoid over- or under-ordering.
• Coordinate with the logistics team to ensure the smooth delivery of products.
• Assess supplier performance in terms of quality, delivery, and cost.
• Implement corrective actions for underperforming suppliers or explore new sourcing options.
• Suggest and implement improvements in the procurement process to enhance efficiency.
• Stay updated on industry trends and new procurement techniques.

Key Skills And Qualifications

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Min. 3 years of experience in procurement or supply chain management.
• Strong negotiation, communication, and interpersonal skills.
• Familiarity with procurement software and ERP systems.
• Analytical and problem-solving skills, with attention to detail.
• Ability to manage multiple tasks and meet deadlines.
• Knowledge of relevant Pakistani or UAE procurement laws and regulations is preferred.
• Experience in the merchandise management and material for event management in coordination with HR is an advantage.