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Procurement Executive @ Skywings Advisors

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 Procurement Executive

Job Description

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    Job Title:

    Executive Procurement
    Employment Type: Team Lease Payroll


    Job Responsibilities:

    1. Sourcing & Procurement:

    • Source and procure goods/services.

    • Research and identify new suppliers/vendors.

    • Evaluate and select new vendors ensuring optimal quality and pricing.

    • Negotiate contracts to achieve cost-effectiveness and quality standards.

    • Analyze vendor rates and approve cost estimates.

    2. Vendor & Contract Management:

    • Perform due diligence checks for new and renewal vendor contracts.

    • Maintain vendor master data and ensure compliance with internal policies.

    • Perform quarterly vendor performance evaluations for RFPs/RFQs.

    • Manage vendor relationships for pricing, service, and delivery.

    3. Process Management & Documentation:

    • Maintain documentation for RFP/RFQ/RFI processes.

    • Update and manage Due Diligence Tracker and Procurement Tracker.

    • Coordinate with cross-functional teams for upcoming contract renewals.

    4. Reporting & Compliance:

    • Prepare monthly procurement MIS reports.

    • Maintain compliance and risk-related data.

    • Stay updated on legal/regulatory trends that affect supplier agreements.

    5. Cost Optimization & Efficiency:

    • Identify potential cost-saving opportunities.

    • Ensure procurement of the best materials/services at optimal costs.

    • Monitor and improve procurement process efficiency.


    Key Performance Indicators (KPIs):

    Qualitative:

    • Execution of cost-saving initiatives

    • Improvement in process efficiency

    • Expansion and support of supplier diversity

    Quantitative:

    • Internal & external customer satisfaction/feedback


    Preferred Credentials:

    Education:

    • B.Com / B.Sc / BMS Freshers welcome

    Skills & Competencies:

    • Good communication skills

    • Strong networking and relationship-building skills

    • Analytical thinking

    • Attention to detail


    Ideal Candidate Profile:

    A proactive, detail-oriented graduate with strong communication and analytical skills, capable of managing procurement processes, building vendor relationships, and driving cost-efficient sourcing while maintaining compliance and process transparency.


     

Employement Category:

Employement Type: Full time
Industry: BFSI
Role Category: Production
Functional Area: Not Specified
Role/Responsibilies: Procurement Executive

Contact Details:

Company: Skywings Advisors
Location(s): Mumbai

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Keyskills:   purchase management vendor management procurement

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Skywings Advisors

Company profile assuredjob.com is one of the leading companies based in New Delhi, Delhi operating in placement and recruitment industry. We are offering specialized services in all recruitment disciplines. We strive to achieve the same level of understanding you have about your business. To A...