Procurement Executive
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Key skills for this role
About the Role
umart seeks a Procurement Executive to manage purchasing activities, source suppliers, negotiate contracts, and ensure cost-effective acquisition of goods or services. The role requires 5+ years of procurement experience, proficiency in MS Office and ERP software, and strong negotiation skills.
Key Skills for This Role
Responsibilities
- Identify, evaluate, and select suppliers, conducting market research to find the best products and deals
- Negotiate contract terms, pricing, and payment terms to achieve cost savings
- Process purchase orders (POs), invoices, and requisitions efficiently
- Monitor vendor compliance with service level agreements (SLAs), quality standards, and delivery schedules
- Maintain accurate records of purchases, pricing, and inventory levels
- Ensure all procurement activities comply with company policies and ethical standards
- Manage team of 1 3
- Data driven sourcing
Requirements
- 5+ years of experience in procurement, purchasing, or supply chain
- Industry specific knowledge (e.g. Fashion and Apparel, FMCG) often required
- Proficiency in MS Office (especially Excel) and ERP/procurement software
- Strong negotiation, analytical, communication, and problem solving skills
- Driving license
Full Job Posting
Job Description
- A Procurement Executive manages an organization's purchasing activities, sourcing suppliers, negotiating contracts, and ensuring cost effective acquisition of goods or services. They maintain vendor relationships, process purchase orders, monitor supplier performance, and maintain inventory records
Key Responsibilities
- Sourcing and Vendor Management: Identify, evaluate, and select suppliers, conducting market research to find the best products and deals.
- Negotiation: Negotiate contract terms, pricing, and payment terms to achieve cost savings.
- Purchasing Operations: Process purchase orders (POs), invoices, and requisitions efficiently.
- Supplier Performance: Monitor vendor compliance with service level agreements (SLAs), quality standards, and delivery schedules.
- Inventory & Records: Maintain accurate records of purchases, pricing, and inventory levels.
- Compliance & Reporting: Ensure all procurement activities comply with company policies and ethical standards.
- Team Management: Who is willing to manager team of 1 3
- Tech Savvy: Data driven sourcing
Required Skills and Qualifications
- Experience: Usually, 5+ years of experience in procurement, purchasing, or supply chain, with industry specific knowledge (e.g. Fashion and Apparel, FMCG) often required.
- Technical Skills: Proficiency in MS Office (especially Excel) and ERP/procurement software.
- Soft Skills: Strong negotiation, analytical, communication, and problem solving skills, driving license
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