Job Summary

The Procurement Executive is responsible for sourcing products, identifying reliable suppliers, negotiating commercial terms, managing procurement documentation, and ensuring timely procurement of quality materials at competitive prices. The role requires excellent negotiation skills, strong documentation abilities, and the capability to research and identify suitable products and vendors based on business requirements.

Key Responsibilities
Source products, raw materials, equipment, and services based on company requirements.
Identify, evaluate, and develop new domestic and international suppliers.
Compare quotations, specifications, lead times, and quality standards to recommend the best purchasing decisions.
Negotiate prices, payment terms, delivery schedules, and commercial agreements with suppliers.
Maintain strong relationships with existing suppliers while continuously expanding the supplier network.
Prepare and manage procurement documentation,



including:
Requests for Quotations (RFQs)
Purchase Orders (POs)
Supplier quotations
Contracts and agreements
Vendor registration documents
Delivery schedules
Procurement reports
Ensure all procurement records are accurate, complete, and properly maintained.
Coordinate with sales, production, warehouse, logistics, and finance teams to meet procurement requirements.
Monitor supplier performance based on quality, pricing, delivery, and responsiveness.
Conduct market research to identify recent products, suppliers, pricing trends, and creative sourcing prospects.
Follow up with suppliers to ensure timely deliveries and resolve procurement-related issues.
Ensure compliance with company procurement policies and applicable regulatory requirements.

📌 Procurement Executive Hyderabad
🏢 Dvsr Life Sciences
📍 Hyderabad