We are looking for a Procurement Executive to manage domestic sourcing and procurement of industrial/MRO products. The role will focus on vendor development, commercial negotiations, purchase planning and ensuring timely product availability at competitive costs.
Key Responsibilities
- Manage end-to-end procurement from supplier identification to delivery.
- Identify, evaluate and onboard new domestic suppliers.
- Negotiate pricing, MOQ, payment terms and lead times with vendors.
- Develop and maintain strong vendor relationships and monitor vendor performance.
- Track product demand, inventory levels and procurement requirements to avoid stock-outs/excess inventory.
- Conduct market and price benchmarking to identify cost-saving opportunities.
- Coordinate with Category, Sales,
Warehouse and Finance teams for procurement requirements.
- Maintain procurement MIS, vendor records and purchase documentation.
- Ensure adherence to procurement processes and internal policies.
Requirements
- Bachelor's degree in Business, Supply Chain, Commerce or a related field.
- 2-6 years of experience in procurement, purchase or sourcing.
- Strong vendor management, negotiation and analytical skills.
- Valuable working knowledge of MS Excel/Google Sheets.
- Experience in B2B, e-commerce, industrial/MRO, manufacturing or distribution will be preferred.
📌 Procurement Executive (New Delhi)
🏢 Industrybuying
📍 New Delhi
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