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: 2 to 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.
• 2-3 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.