We are seeking a detail-oriented and analytically strong Procurement Executive to support procurement and sourcing operations within an import-driven business setting. This role focuses on execution, RFQ management, supplier coordination, and cost analysis, working closely with the Procurement Manager.
Key Responsibilities
- Support the Procurement Manager in day-to-day procurement and sourcing activities.
- Assist in supplier identification, evaluation, and onboarding across South Asia and global markets.
- Execute and support the RFQ (Request for Quotation) process, including:
- Preparing RFQs based on product specifications and business requirements
- Sending RFQs to suppliers and ensuring timely responses and follow-ups
- Compiling supplier quotations and preparing comparison sheets
- Supporting detailed cost breakdown analysis and data validation
- Prepare and maintain landed cost structures, including product cost, freight, duties, tariffs, and other associated cost components.
- Conduct cost analysis and pricing evaluation to support procurement decision-making and margin planning.
- Support the development of pricing inputs and cost models for bid proposals (final pricing ownership remains with the Manager).
- Maintain procurement data within ERP systems and internal tools.
- Track purchase orders and ensure timely follow-ups with suppliers.
- Ensure accuracy and completeness of product specifications, RFQ documentation, and procurement data.
- Generate reports and insights to support cost optimization and operational efficiency.
Key Qualifications
Education
- Bachelor’s degree required; Master’s degree (MBA or equivalent) preferred, preferably in Supply Chain, Operations, International Business, or related field.
Experience
- 5-7 years of experience in procurement or sourcing functions.
- Mandatory experience supporting importer-focused companies (India-based or global) operating in imp