Jobs Details

  • Posted Date: 05-Dec-2024

Procurement Executive

  • By Alumni Placement Officer Fizza Riaz
  • Full Time
  • Nextbridge

Procurement Executive

We are hiring a Procurement Executive responsible for managing procurement activities and ensuring the timely and cost-effective acquisition of goods and services. The role involves collaborating with vendors, maintaining supplier relationships, and supporting the supply chain process to meet business needs.

Experience: Min 3 Years

Location: Lahore

Key Responsibilities:

  • Identify and evaluate potential suppliers, negotiate terms, and establish long-term relationships.
  • Maintain a database of approved suppliers, ensuring compliance with quality standards and company policies.
  • Conduct market research to source reliable suppliers with competitive pricing.
  • Prepare purchase orders based on approved requisitions.
  • Ensure timely procurement of goods and services as per company standards and budget.
  • Monitor order status, ensuring timely delivery and addressing any discrepancies or delays.
  • Analyze pricing trends and implement cost-saving measures.
  • Negotiate pricing and contracts with suppliers to ensure the best value for the company.
  • Monitor budgetary constraints and contribute to cost reduction initiatives.
  • Ensure that all procurement activities comply with company policies, local laws, and regulations (including relevant Pakistani or UAE laws if applicable).
  • Maintain accurate records of purchases, contracts, and supplier agreements.
  • Prepare and review reports for the Procurement Manager on purchasing performance and supplier evaluation.
  • Work closely with inventory and warehouse teams to monitor stock levels and avoid over- or under-ordering.
  • Coordinate with the logistics team to ensure the smooth delivery of products.
  • Assess supplier performance in terms of quality, delivery, and cost.
  • Implement corrective actions for underperforming suppliers or explore new sourcing options.
  • Suggest and implement improvements in the procurement process to enhance efficiency.
  • Stay updated on industry trends and new procurement techniques.

Key Skills and Qualifications:

  • Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
  • Min. 3 years of experience in procurement or supply chain management.
  • Strong negotiation, communication, and interpersonal skills.
  • Familiarity with procurement software and ERP systems.
  • Analytical and problem-solving skills, with attention to detail.
  • Ability to manage multiple tasks and meet deadlines.
  • Knowledge of relevant Pakistani or UAE procurement laws and regulations is preferred.
  • Experience in the merchandise management and material for event management in coordination with HR is an advantage.

Check out our current openings and apply to those that match your skills. If you don’t see a match, you are still welcome to share your resume at careers@nextbridge.com. We continuously search our CV bank for new opportunities.

Apply