24 Oct
|
4K Sports Infra
|
Hyderabad
24 Oct
4K Sports Infra
Hyderabad
PROCUREMENT EXECUTIVE
JOB DESCRIPTION Department: Procurement / Purchase
Location: Hyderabad Reporting To: Procurement Manager / Procurement & Supply Chain Manager
Experience: 2–4 Years Qualification: Bachelor’s Degree in any discipline; preference for Supply Chain, Procurement, Commerce, Engineering, or related fields. Key Responsibilities
1. Procurement & Purchase o Handle day-to-day procurement activities based on project and operational requirements. o Collect and review material requirements from Engineering, Projects, Stores and other departments. o Source materials, equipment and services from approved and reliable vendors. o Obtain quotations, compare prices, negotiate commercial terms and recommend suitable vendors. o Raise Purchase Orders (POs) after obtaining required approvals.
2. Vendor Management o Identify and onboard new vendors based on company requirements. o Maintain vendor database, quotations, price lists and vendor documentation. o Coordinate with vendors for pricing, availability, delivery schedules and payment terms. o Follow up on vendor commitments and ensure timely supply. o Support vendor performance evaluation and vendor reconciliation.
3. Project Procurement o Coordinate with Project/Engineering teams to understand project-wise material requirements. o Ensure procurement is aligned with approved BOQs, project specifications and timelines. o Track project-wise procurement status and identify potential delays or shortages. o Coordinate urgent procurement requirements for project execution.
4. Purchase Order & Documentation o Prepare and process POs, Work Orders and other procurement-related documents.
o Ensure PO details match approved requirements, quotations and commercial terms. o Maintain proper procurement records for audit and management review. o Ensure all required supporting documents are available before processing purchases.
5. Material Delivery & Logistics Coordination o Follow up with vendors for dispatch and delivery of materials. o Coordinate with Stores, Logistics and Project teams for material receipt. o Track pending, partial and delayed deliveries. o Escalate supply delays that may impact project timelines.
6. Commercial & Cost Control o Negotiate pricing, credit terms, delivery terms and other commercial conditions. o Conduct comparative analysis of vendor quotations. o Identify opportunities for cost savings and alternative sourcing. o Ensure purchases are made within approved budgets and commercial guidelines.
7. Invoice & 3-Way Matching o Coordinate with Accounts and Stores for invoice processing. o Ensure PO/WO + Delivery Challan/GRN + Invoice are properly matched before payment processing. o Resolve discrepancies relating to quantity, pricing, taxes, delivery or material receipt. o Support vendor reconciliation and outstanding payment follow-ups.
8. MIS & Reporting o Prepare daily/weekly procurement status reports. o Maintain PO tracker, pending procurement tracker,
vendor comparison statements and delivery tracker. o Provide project-wise procurement updates to management. o Highlight delayed orders, critical materials, cost deviations and procurement risks. Key Reports / MIS Report Purchase Order Status Report Pending Procurement Report Material Delivery Tracker Frequency Daily / Weekly Daily Daily Vendor Comparison Statement As Required Project-wise Procurement Status Weekly Vendor Reconciliation Report Monthly Cost Saving / Negotiation Report Monthly Critical / Delayed Material Report Daily Key Performance Indicators (KPIs)
• Procurement TAT and on-time PO release
• On-time material delivery
• Purchase cost savings
• Vendor performance and reliability
• PO vs. actual purchase variance
• Procurement process adherence
• Accuracy of procurement documentation
• Timely closure of vendor discrepancies
• 3-way matching accuracy
• Reduction in project material shortages and procurement delays Required Skills
• Vendor negotiation and management
• Purchase and procurement processes
• MS Excel / Google Sheets
• ERP / procurement software experience
• Robust follow-up and coordination skills
• Cost comparison and commercial analysis
• Documentation and MIS preparation
• Good communication and interpersonal skills
• Ability to coordinate with Projects, Engineering, Stores, Logistics and Accounts Preferred Experience Experience in construction, infrastructure, sports infrastructure, manufacturing, interiors, engineering or project-based organizations will be preferred.
📌 Procurement Executive (Hyderabad)
🏢 4K Sports Infra
📍 Hyderabad