What is a Procurement Executive doing? Job description and responsibilities

What does a Procurement Executive do?

We are looking for an experienced Procurement Executive to join our growing team. The ideal candidate will be responsible for the purchasing of goods, services, and supplies while maintaining high levels of quality, cost effectiveness, and customer satisfaction. The Procurement Executive will closely monitor supplier performance and negotiate contracts to ensure the most favorable terms and pricing. The successful candidate must be able to work under pressure and have excellent problem-solving skills. If you have the necessary skills and experience, we would love to hear from you!

Responsibilities of Procurement Executive

1. Develop and implement policies and procedures to ensure efficient procurement activities.
2. Identify potential vendors and suppliers to meet organizational requirements.
3. Negotiate contracts and cost-effective deals with vendors and suppliers.
4. Monitor supplier performance and ensure timely delivery of products and services.
5. Track inventory levels and order supplies as needed.
6. Analyze market trends and research best products and services.
7. Maintain accurate records of purchases, pricing and other important data.
8. Establish and maintain effective relationships with vendors and suppliers.
9. Monitor and manage budget for procurement activities.
10. Handle procurement issues and complaints from vendors and clients.