About the role
Procurement Executive Key Responsibilities:
- Strategic Sourcing: Identify reliable local and international vendors, evaluate supplier proposals, and establish preferred vendor databases.
- Contract Negotiation: Negotiate pricing, delivery terms, and service level agreements (SLAs) to achieve cost savings without compromising quality.
- Purchase Execution: Generate, track, and process Purchase Orders (POs) through to delivery and invoice reconciliation.
- Vendor Management: Continuously monitor supplier performance, handle delivery discrepancies, and maintain strong vendor relationships.
- Inventory & Reporting: Track inventory levels, forecast procurement needs, and compile regular reports on spending and market trends.
- Compliance: Ensure all purchasing activities align with company policies, legal regulations, and safety standards.