Procurement Executive

Company : Shai Health

Job Type : Full Time

Chennai, India

Job Description - Procurement Executive

Identify, evaluate, and select suppliers based on quality, cost, delivery, and service capabilities.
Source quotations, negotiate prices, terms, and contracts with vendors.
Prepare and process Purchase Requisitions (PRs) and Purchase Orders (POs).
Monitor inventory levels and coordinate procurement activities to avoid stock shortages.
Track order status and ensure timely delivery of goods and services.
Maintain accurate procurement records, contracts, and supplier databases.
Develop and maintain strong relationships with suppliers and internal stakeholders.
Conduct market research to identify new suppliers and cost -saving opportunities.
Resolve issues related to supplier performance, delivery delays, and quality concerns.
Ensure procurement activities comply with company policies and regulatory requirements.
Assist in budget planning and cost control initiatives.
Generate procurement reports and analyze purchasing trends.

Requirements

Bachelor's degree in Supply Chain Management, Business Administration, Commerce, or a related field.

2 -5 years of experience in procurement, purchasing, or supply chain operations.

Strong negotiation and vendor management skills.

Proficiency in Microsoft Excel, ERP systems, and procurement software.

Knowledge of procurement processes, sourcing, and contract management.

Excellent communication and interpersonal skills.

Strong analytical and problem -solving abilities.

Negotiation Skills

Cost Optimization

Vendor Relationship Management

Strategic Sourcing

Inventory Planning

Analytical Thinking

Time Management

Team Collaboration

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