Necessary skills for Material Procurement Executive: skills and requirements
General requirements of a Material Procurement Executive
• Bachelor's degree in Business Administration, Supply Chain Management, or related field
• Minimum of 3 years of experience in material procurement/buying
• Proven track record of successful negotiations
• Proficiency in Microsoft Office, ERP systems, and other procurement software
• Excellent communication, organizational, and problem-solving skills
Skills and Behaviours for a Material Procurement Executive
Cost control
Budgeting
Cost Control
Cost reduction
Standard Costs
Variance analysis
E-Procurement
E-Sourcing
Procurement & Purchasing
Procurement
Purchasing
Strategic Sourcing
Subcontracting
Supplier Negotiation
Supply Management
bidding
Project management
Project Coordination
Project Planning
Project cost management
Stakeholder Management
Communicating information
Active Listening
Asking the right questions
Influencing and persuading others
Synthesizing information
Negotiation
Closing deals
Leading win-win discussions
Relationship Building
Growing network and relationships
Nurturing long term relationships