We are seeking a detail-oriented and proactive Procurement Specialist / Buyer to manage purchasing activities, supplier relationships, cost analysis, and procurement operations. The role involves reviewing purchase requisitions, managing Requests for Quotations (RFQs), processing purchase orders, monitoring supplier performance, and ensuring the timely and cost-effective procurement of materials and services. The ideal candidate will collaborate with cross-functional teams to support commodity management, maintain ERP data accuracy, and achieve procurement objectives related to cost, quality, delivery, and operational efficiency.
Key Responsibilities
Review purchase requisitions, manage Requests for Quotations (RFQs), evaluate supplier quotations, and process purchase order changes in accordance with procurement policies.
Manage ongoing supplier relationships, providing commercial support to business operations and ensuring alignment with organizational objectives.
Collaborate with cross-functional teams, including planning, engineering, manufacturing, finance, and supply chain, to coordinate purchasing activities and ensure timely material availability at competitive costs.
Maintain accurate procurement data and ensure data integrity across enterprise resource planning (ERP) systems.
Conduct cost analysis, pricing evaluations, spend analysis, and volume planning for assigned commodities.
Monitor the cost, schedule, scope, and performance of assigned subcontracts to ensure compliance with contractual requirements and deliver the best value.
Engage with suppliers to review and manage performance, delivery schedules, product quality, and corrective actions.
Support commodity management activities, including procurement planning, commodity business plans, market trend analysis, pricing assessments, and product availability reviews.
Negotiate pricing, payment terms, lead times, and other commercial terms to achieve cost savings and favorable purchasing conditions.
Track purchase orders and proactively resolve issues related to delivery delays, shortages, pricing discrepancies, and supplier commitments.
Identify opportunities for cost reduction, process improvement, supplier consolidation, and supply chain risk mitigation.
Ensure compliance with procurement procedures, contractual obligations, internal controls, and relevant company policies.
Prepare procurement reports and maintain documentation related to supplier quotations, purchase orders, cost analysis, and supplier performance.
Required Qualifications
Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Commerce, or a related field.
Relevant experience in procurement, purchasing, sourcing, supply chain management, or materials management.
Working knowledge of purchase requisitions, RFQs, purchase orders, supplier negotiations, and procurement processes.
Experience using ERP systems such as SAP, Oracle, or similar procurement platforms.
Strong analytical skills, including cost analysis, pricing evaluation, and spend management.
Excellent communication, negotiation, supplier relationship management, and problem-solving skills.
Ability to coordinate with cross-functional stakeholders and manage multiple priorities effectively.
Strong attention to detail and commitment to data accuracy and process compliance.
Preferred Qualifications
Experience in semiconductor, electronics, manufacturing, or technology industries.
Knowledge of commodity management, market analysis, and strategic sourcing practices.
Familiarity with supplier performance metrics, contract management, and cost-reduction initiatives.
Advanced Excel skills and experience preparing procurement dashboards and reports.
Key Competencies
Strategic and operational procurement
Supplier relationship management
RFQ and purchase order management
Commercial negotiation and cost optimization
ERP data management and accuracy
Supplier performance and delivery management
Analytical thinking and problem-solving
Cross-functional collaboration
Planning, organization, and time management
Key Performance Indicators (KPIs)
Procurement cost savings and cost avoidance
Supplier on-time delivery performance
Purchase order processing accuracy and turnaround time
Supplier quality and performance ratings
Compliance with procurement policies and procedures
We are seeking a highly skilled Purchase Executive to join our Indirect Procurement team. The successful candidate will be responsible for procuring indirect materials managing vendor relationships and ensuring timely availability of materials and services while driving cost-optimization initiatives. This is an exciting ...
... up with vendors for pending orders deliveries replacements and service requirements. - Support internal audits and maintain proper documentation related to procurement and equipment compliance. simar Required Skills: procurementpurchaseexecutivevendornegociation [{"name": "full_time", "text": "Full time", "categoryName": ...
Procurement Specialist / Buyer Key Responsibilities - Develop and execute commodity strategies for assigned spend categories, ensuring alignment between global sourcing initiatives and local business requirements. - Plan, prepare, and independently lead supplier negotiations across varying purchase volumes to achieve targeted ...
Sr Manager, Direct Procurement Buyer Join us as a Direct Procurement Sourcing Management Specialist and drive real business impact through strategic sourcing. You'll optimize procurement processes, negotiate high-value contracts, and partner with teams across the organization to deliver cost savings and quality excellence. ...
... optimize procurement processes for maximum efficiency. • Prepare and maintain purchase records, price lists, and vendor agreements. • Analyse and report on procurement metrics, performance, and budget adherence. • Implement risk management strategies to address potential disruptions in the supply chain. • Continuously evaluate ...
... developing new, intelligent mobility solutions! We are looking for Purchase (Buyer)- Demand Planning You’ll make a difference by - Monitor SAP R/3 generated Purchase Requisitions (PRs) - Preparation and co-ordination for release of purchase orders - Follow-up with vendors for timely deliveries - Co-ordination with customs ...
Key Responsibilities - Prepare and issue Purchase Orders (POs) as per approved requisitions. - Follow up with suppliers to ensure timely delivery of ordered materials. - Monitor order status and resolve supply-related issues. - Maintain procurement records and documentation accurately - Build and maintain strong relationships ...
Sevalaya is hiring a Purchase Executive About the Company Sevalaya is hiring a Purchase Executive for its Chennai team. The position is open to candidates from any industry and offers a monthly salary of ₹30,000. The successful candidate will support reliable procurement operations, helping ensure that the organization ...
... related Engineering disciplines will be an advantage particularly for technical procurement. Experience - Purchase Executive: 12 years of relevant experience in Purchase/Procurement. - Senior Purchase Executive: 25 years of relevant experience in Purchase/Procurement. - Experience in project procurement construction materials ...
Procurement & Sourcing Identify evaluate and onboard reliable vendors/suppliers for raw materials components and maintenance items Negotiate pricing payment terms and contracts to achieve cost savings without compromising quality Issue purchase orders and track order status through to delivery Ensure compliance with company ...
... materials at competitive prices. - Grow with an Evolving Business: Be part of a company that continuously adapts, innovates and improves its processes. Your Role: Purchase Executive We are looking for a proactive and detail-oriented Purchase Executive to manage procurement activities for our printing, manufacturing and customised ...