Procurement Executive

icon building Company : Nxtwave
icon briefcase Job Type : Full Time

Number of Applicants

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Job Description - Procurement Executive

About Nxtwave:

NxtWave is founded by Rahul Attuluri (Ex-Amazon, IIIT Hyderabad), Sashank Reddy (IIT Bombay), and Anupam Pedarla (IIT Kharagpur). In February 2023, NxtWave raised ₹275 crore led by Greater Pacific Capital, a leading international private equity firm . The startup is also backed by Orios Ventures, Better Capital, and marquee angels, including founders of some of India’s unicorns.

NxtWave is one of India’s fastest-growing Ed-Tech startups , revolutionizing the 21st-century job market by transforming youth into highly skilled tech professionals irrespective of their educational background with its CCBP 4.0 programs.

As an official partner for NSDC under the Ministry of Skill Development & Entrepreneurship, Government of India, and recognized by NASSCOM, Ministry of Commerce and Industry, Government of India, and Startup India, NxtWave has earned a reputation for excellence. The startup has received accolades such as ‘The Greatest Brand in Education’ in a research-based listing by URS Media, a leading international media house. NxtWave has also been honored with the "Startup Spotlight Award 2023" by T-Hub on its 8th Foundation Day.

Recently, NxtWave’s founders, Anupam Pedarla and Sashank Gujjula, were honored in the 2024 Forbes India 30 Under 30 for their exceptional contribution to transforming the tech education landscape in India.

The edtech brand eliminates the entry barrier to learning tech skills by offering vernacular content and interactive learning. Learning in one’s mother tongue helps achieve higher comprehension, deeper attention, longer retention, and greater outcomes.

Presently, NxtWave has paid subscribers from 647+ districts across India. In just 2.5 years, CCBP 4.0 learners have been hired by 1700+ companies , including Google, Amazon, Nvidia, Goldman Sachs, Oracle, Deloitte, and more.

Know more about NxtWave:

  • Our LinkedIn page:
  • Next wave of opportunities with 1700+ companies -
  • 33M funding news -
  • Youtube Channel -
  • Impact Stores on LinkedIn -

Read more about us in the news - | | |

Roles and Responsibilities.

  • Preparing plans for the purchase of equipment, services, and supplies.
  • Following and enforcing the NxtWave procurement policies and procedures.
  • Reviewing, comparing, analysing, products and services to be purchased.
  • Managing and Maintaining accurate purchase and pricing records.
  • Maintaining and updating supplier information such as qualifications, delivery times, product ranges, etc.
  • Maintaining good supplier relations and negotiating contracts.
  • Researching and evaluating prospective suppliers.
  • Preparing budgets, cost analyses, and reports.
  • Prepare records of materials shipped, including bills of lading.
  • Develop and implement cost savings 15% projects and financial forecasting.
  • Lead mid-contract negotiations.
  • Provide vendor and Subcontract sourcing and pricing for Requests for Quotes (RFQs), as required by NxtWave
  • Negotiate the best price for NxtWave and deliver year on year savings.
  • Maintain positive vendor and Internal Customer relationships.
  • Analyse information to assess root cause, improvement opportunities, and associated risk.
  • Ensure timely and effective completion of projects and initiatives of the supply chain department.
  • Adhere to TAT 3-5 working days for each RFQ
  • Metrics to be tracked and reviewed with QC souring team.
  • Initiate and lead continuous improvement efforts to improve cost of goods.
  • Consult with internal customers to resolve supplier performance issues.
  • Process PO change orders or updates as needed.
  • Adhere to policies and procedures for the operation of procurement activities.
  • Align with the NxtWave Sourcing Team for any other activities that may be assigned or required to be performed.

Qualification: - Degree or graduation

Experience: 2 to 3 yrs. (Immediately joiners are preferred.)

Location: Hyderabad(WFO)

Mandatory: - Should have a bike. Week half will not be Sunday. Might be Wednesday or Thursday

CTC- 2.4LPA - 3LPA

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