*About the Role*
We are seeking a proactive and result-driven Procurement Executive to manage sourcing, vendor coordination, and purchasing activities for industrial and automation products. The role requires strong negotiation skills, market understanding, and the ability to ensure timely and cost-effective procurement aligned with business needs.
*Role Objective*
To ensure uninterrupted supply of quality materials at competitive prices while building strong vendor relationships and optimizing procurement processes for efficiency and cost savings.
*Core Responsibilities*
Source and identify reliable vendors for automation and industrial products
Obtain quotations, compare pricing, and finalize suppliers
Negotiate cost, payment terms, and delivery timelines
Create and process purchase orders with accuracy
Ensure timely delivery and follow up with vendors regularly
Coordinate with sales and logistics teams for order fulfillment
Maintain vendor database and performance records
Handle discrepancies related to quality, quantity, or delays
Monitor inventory levels and plan procurement accordingly
Ensure compliance with company procurement policies
Key Objectives (KRA)
Reduce procurement cost without compromising quality
Ensure on-time availability of materials
Develop a strong and reliable vendor base
Improve procurement cycle time
Maintain accuracy in purchase documentation
*KPIs (Key Performance Indicators)*
Cost savings achieved (%)
On-time delivery rate (%)
Vendor performance score
Purchase order accuracy rate
Lead time reduction
Inventory stock availability
*Must-Have Skills*
Strong negotiation and vendor management skills
Good communication and coordination ability
Knowledge of procurement processes
Proficiency in MS Excel and basic ERP systems
Ability to handle multiple tasks under pressure
*Good to Have*
Experience in automation/industrial products procurement
Knowledge of import procedures and documentation
Existing vendor network in relevant industry
Analytical and data-driven decision-making skills
*What We Dont Want*
Poor follow-up and lack of ownership
Inability to negotiate or control costs
Delays in communication with vendors/internal teams
Lack of attention to detail in documentation
Reactive approach instead of proactive planning
*Compensation Structure*
Fixed Salary: As per industry standards (based on experience)
Performance Incentives: Based on cost savings and procurement efficiency
Annual Bonus: Linked to overall company and individual performance
Other Benefits: PF, ESIC (if applicable), and growth opportunities
Pay: ₹20,000.00 - ₹40,000.00 per month
Work Location: In person
