Job Description:
The Procurement Executive is responsible for sourcing, purchasing, and managing goods and services required by the organization while ensuring cost efficiency, quality, and timely delivery. The role involves vendor management, purchase order processing, and compliance with company policies.
Responsibilities:
- Identify procurement requirements based on departmental requests
- Source suppliers and obtain quotations in line with procurement policies
- Evaluate quotations and negotiate prices, terms, and delivery schedules
- Prepare and issue Purchase Orders (POs) and follow up on deliveries
- Maintain accurate procurement records, contracts, and supplier databases
- Coordinate with finance for invoice verification and timely payments
- Monitor supplier performance and resolve delivery or quality issues
- Ensure compliance with internal controls, audit requirements, and company procedures
- Assist in cost-saving initiatives and vendor rationalization
Preferred Qualifications:
- Diploma or Degree in Supply Chain Management, Procurement, Business Management, or a related field
- 1–2 years of experience in procurement or purchasing (experience in services/IT sector is an advantage)
- Knowledge of procurement processes, vendor management, and documentation
Skills & Competencies
- Strong negotiation and communication skills
- Good analytical and problem-solving abilities
- Proficiency in MS Excel and accounting systems
- Ability to manage multiple tasks and meet deadlines
- Attention to detail and good record-keeping skills
- Team player with a proactive attitude