Procurement Executive

Nextbridge

Lahore

On-site

PKR 600,000 - 900,000

Full time

2 days ago
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Job summary

Nextbridge, Lahore-based, seeks a Procurement Executive to manage procurement activities and secure timely, cost-effective sourcing of goods and services. You will collaborate with vendors, maintain supplier relationships, and support the supply chain to meet business needs.

Requirements: 3+ years in procurement, a bachelor's in a related field, strong negotiation, communication, and ERP skills; on-site role with potential cost-saving process improvements.

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 Pakistani or UAE procurement laws is preferred.
  • Experience in merchandise management and event management coordination with HR is an advantage.

Responsibilities

  • Identify and evaluate potential suppliers and negotiate terms.
  • Maintain approved suppliers database and ensure compliance.
  • Conduct market research to source reliable suppliers.
  • Prepare purchase orders based on requisitions.
  • Ensure timely procurement per standards and budget.
  • Monitor orders and address discrepancies or delays.
  • Analyze pricing trends and implement cost-saving measures.
  • Coordinate with logistics to ensure smooth delivery.
  • Support inventory and warehouse teams on stock levels.
  • Prepare reports on purchasing performance.

Skills

Negotiation
Communication
ERP Systems
Vendor Management
Analytical Thinking
Multitasking
Contract Negotiation

Education

Bachelor's degree in Business Administration / Supply Chain

Tools

Procurement Software
ERP Systems

Job description

Procurement Executive

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.
Partnerships & Recognition

Commitment to excellence

Founded in 1993, NEXTBRIDGE provides cutting-edge digital solutions to help startups, small, medium and large companies transform their operations.

  • Location

    • United States
    • Dubai
    • Pakistan
  • Contact us

    +1 858 355 9680 511 East John Carpenter Fwy, Suite 500
    IRVING, TX 75062, USA

    For Business Inquiries:

    sales@nextbridge.com

    For Job Applications:

    careers@nextbridge.com
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