Purchase Executive

Job Description: - Purchase - Executive

Key Responsibilities

1. Support end-to-end procurement activities, including sourcing, vendor identification, RFQ/RFP management, bid evaluation, purchase order processing, expediting, and delivery coordination across various business units.
2. Assist in vendor management by conducting supplier research, benchmarking prices, maintaining vendor databases, evaluating supplier performance, and identifying opportunities for cost optimization and value creation.
3. Coordinate with cross-functional stakeholders across Media, Digital, Education, Facilities, IT, Engineering, and Corporate Functions to understand procurement requirements and ensure timely and efficient procurement support.
4. Prepare and analyze procurement MIS reports, including spend analysis, savings reports, contract status, vendor performance metrics, procurement cycle time, and other dashboards to facilitate informed decision-making.
5. Ensure compliance with procurement policies, SOPs, governance standards, and audit requirements by maintaining accurate documentation, supporting contract administration, and adhering to approval workflows.
6. Participate in strategic sourcing initiatives, process improvement projects, digital procurement transformation, sustainability initiatives, and automation efforts to enhance procurement efficiency and effectiveness.
7. Support commercial negotiations, contract finalization, supplier onboarding, and procurement planning under the guidance of senior procurement professionals.
8. Continuously monitor market trends, supplier capabilities, commodity price movements, and emerging procurement best practices to support strategic purchasing decisions.