Procurement Executive Job in Giva Jewellery

Key Responsibilities:

1. Sourcing and Supplier Management:

Identify potential suppliers, conduct negotiations, and establish strong relationships

with vendors.

Evaluate supplier performance regularly and address any issues that may arise.

Work with suppliers to negotiate contracts, terms, and conditions to secure

advantageous agreements.

2. Purchase Order Management:

Generate purchase orders and ensure accuracy in terms of specifications,

quantities, and pricing.

Monitor and track the status of purchase orders to ensure timely deliveries.

Collaborate with various departments to understand their procurement needs and

requirements.

3. Cost Optimization:

Analyze market trends and conditions to identify opportunities for cost savings.

Implement cost reduction strategies without compromising quality or service

delivery.

5. Quality Assurance:

Collaborate with quality assurance teams to ensure that purchased items meet

specified quality standards.

Address any quality issues with suppliers and take corrective actions as necessary.

6. Inventory Management:

Work closely with inventory management teams to maintain optimal stock levels.

Implement strategies to reduce excess inventory and minimize carrying costs.

7. Reporting:

Generate reports on procurement activities, cost savings, and supplier

performance.

Provide regular updates to management on the status of ongoing procurement

projects.

Qualifications and Skills:

Bachelor's degree in Business, Supply Chain Management, or a related field.

Proven experience in procurement or a similar role.

Strong negotiation and communication skills.

Knowledge of procurement regulations and best practices.

Excellent organizational and time management skills.

Proficiency in using Microsoft Office Suite.