Executive - Procurement

Job Title: Executive Procurement

Location: Ambasamudram

Principal Accountabilities:

• Supplier Management – Source, evaluate, and manage supplier relationships to ensure consistent quality, reliability, and on-time delivery of materials and services.
• Purchase Order Administration – Prepare and monitor purchase orders while ensuring accuracy, proper documentation, and adherence to internal procurement policies.
• Cost Optimization – Negotiate with suppliers on pricing, payment terms, and commercial conditions to achieve cost efficiencies without compromising quality or service levels.
• Market Intelligence – Track market trends, analyze supplier capabilities, and conduct benchmarking to support informed sourcing and procurement strategies.
• New Product Development Support – Coordinate with vendors and internal teams to develop new or alternative products and ensure timely availability of required materials.
• Contract Administration – Draft, review, and manage procurement contracts and agreements with sub-contractors to ensure compliance with legal and organizational standards.
• Compliance & Documentation – Maintain accurate procurement records and ensure all activities comply with company policies and regulatory requirements.
• Supply Chain Risk Management – Identify potential risks in the supply chain such as delivery delays, quality issues, or vendor constraints and implement mitigation measures.
• Cross-Functional Coordination – Collaborate closely with Finance, Supply Chain, Engineering, and Quality teams to align procurement activities with business objectives.
• Reporting & Performance Analysis – Prepare procurement reports and key performance indicators (KPIs), and analyze data to support strategic decisions and drive continuous improvement.

Education, Qualifications and Experience:

• Possess 5–7 years of experience in sourcing and vendor management within a structured procurement environment.
• Demonstrate strong written and verbal communication skills.
• Proficient in MS Office tools, particularly Excel and PowerPoint.
• Strong attention to detail with the ability to collaborate effectively with multiple stakeholders.
• Ability to manage tasks efficiently and ensure timely completion of procurement activities.
• Working knowledge of SAP MM module and a clear understanding of Procure-to-Pay (P2P) processes.

Desirable:

• Bachelors degree in engineering (BE/B.Tech) or MBA in a relevant discipline.
• Knowledge of data analytics tools such as Power BI or Tableau for procurement analysis and reporting.
• Prior experience working in a manufacturing industry environment.