Procurement Executive

Job Title: Procurement Executive

Experience Required: 2–3 Years

Location: Hyderabad

Department: Supply Chain & Operations

Reports To: Procurement Manager

Job Summary

We are looking for a proactive Procurement Executive with 2–3 years of hands-on experience in vendor

management, purchasing execution, and cost optimization. You will handle daily procurement

operations, evaluate vendor proposals, negotiate standard terms, and ensure seamless delivery of

materials and services to support business continuity.

Key Responsibilities

• Sourcing & Vendor Operations:

o Draft and distribute RFQs/RFPs to potential vendors based on internal department

requisitions.

o Evaluate vendor bids, conduct comparative price analyses, and short-list qualified

suppliers.

o Maintain an updated database of approved vendors and track supplier compliance.

• Purchase Order Execution & Tracking:

o Process to purchase requisitions and issue accurate Purchase Orders (POs) using ERP

systems.

o Coordinate daily with vendors to track order fulfillment, shipment status, and delivery

schedules.

o Resolve discrepancies between purchase orders, physical receipts, and invoices with

Finance.

• Negotiation & Cost Optimization:

o Negotiate basic pricing, credit terms, and delivery timelines with suppliers to meet cost

targets.

o Assist in periodic contract reviews and support renegotiations for recurring purchases.

• Performance & Record Management:

o Monitor vendor performance against key KPIs (on-time delivery, defect rate, invoice

accuracy).

o Maintain structured procurement documentation, transaction records, and inventory logs.

Key Qualifications

• Experience: 2–3 years of direct experience in procurement, purchasing, or buyer roles.
• Education: Bachelor's degree in supply chain management, Business Administration,

Commerce, or related fields.

• Technical Skills:

o Practical experience using ERP platforms (SAP, Oracle, NetSuite, or similar).

o Proficiency in MS Excel for spend reporting, order tracking, and data reconciliation.

• Core Skills:

o Solid commercial negotiation and vendor communication skills.

o Strong attention to detail and ability to manage multiple open orders simultaneously.

Pay: ₹20,000.00 - ₹25,000.00 per month

Application Question(s):
*
Do you have 2–3 years of hands-on experience in procurement/purchasing, including vendor management, RFQs, quotation comparison, negotiation, PR/PO processing, and order tracking? — Yes/No

• Do you have hands-on experience with an ERP system (SAP/Oracle/NetSuite or similar) and MS Excel for procurement operations and reporting? — Yes/No

Work Location: In person