Senior Procurement Executive

Job Description Centralized Procurement

Job Title: Senior Procurement Executive

Department: Procurement / Supply Chain Management

Location: ATP Office - Anjaneya Techno Park

Job Purpose

To manage and coordinate centralized procurement activities for the organization, ensuring cost-effective purchasing, standardization of materials and services, supplier development, quality compliance, and timely delivery while maintaining company procurement policies and procedures.

Key Responsibilities

1. Centralized Procurement Management

Manage procurement requirements from multiple departments, branches, andproject locations through a centralized purchasing process.

Consolidate purchase requisitions to achieve economies of scale and improvepurchasing efficiency.

Develop and implement procurement strategies aligned with business requirements.

Ensure compliance with procurement policies, approval matrices, and internal controls.

2. Vendor Management

Identify, evaluate, and onboard suppliers based on quality, price, delivery, andservice capabilities.

Develop and maintain a reliable supplier database and approved vendor list. Negotiate pricing, payment terms, credit periods, delivery schedules, andcontractual conditions.

Monitor supplier performance and maintain long-term vendor relationships.

3. Cost Optimization

Obtain and compare quotations from multiple vendors. Conduct price benchmarking, cost analysis, and market research. Identify cost-saving opportunities through bulk purchasing, annual rate contracts, and strategic sourcing.

Track procurement savings and report cost-reduction initiatives to management.

4. Purchase Order and Contract Management

Review purchase requisitions and ensure appropriate authorization beforeprocurement.

Prepare and release purchase orders in accordance with approved commercial terms.

Manage annual rate contracts, service agreements, and long-termsupply contracts.

Coordinate with finance, stores, operations, and end users for timely processingof invoices and payments.

5. Inventory and Supply Coordination

Coordinate with inventory and warehouse teams to maintain optimal stocklevels. Avoid excess inventory, stock outs, and emergency purchases through effectiveplanning.

Monitor order status, delivery timelines, and pending purchase orders. Ensure timely availability of materials and services across all locations.

6. Compliance and Documentation

Maintain procurement records, quotations, comparative statements, purchaseorders, and contracts.

Ensure compliance with company policies, audit requirements, and applicablestatutory requirements.

Support internal and external audits and implement corrective actions wherenecessary.

Promote transparency, ethical sourcing, and fair vendor selection.

7. Reporting and Performance Monitoring

Prepare periodic procurement reports covering expenditure, savings, supplier performance, and order status.

Monitor KPIs such as procurement savings, purchase order cycle time, on-timedelivery, and supplier quality.

Use procurement systems to improve process efficiency and reportingaccuracy.

Required Qualifications

Bachelor's degree in Supply Chain Management, Business Administration, Commerce, Engineering, or a related discipline.

MBA or postgraduate qualification in Supply Chain Management or Procurementis preferred.

Professional certifications such as CIPS, CPSM, or equivalent are an advantage.

Experience

Procurement Senior Executive: 3–5 years of relevant experience. Experience in centralized purchasing, strategic sourcing, vendor negotiation, andmulti-location procurement is preferred.

Required Skills

Strong negotiation and commercial skills.

Vendor development and supplier relationship management.

Cost analysis and strategic sourcing.

Knowledge of purchase orders, contracts, and procurement policies. ERP knowledge, such as SAP MM, Oracle, or other procurement systems. Advanced Excel and MIS reporting skills.

Strong communication, analytical, coordination, and problem-solving abilities. High integrity and attention to detail.

Key Performance Indicators (KPIs)

Procurement cost savings achieved.

Percentage of purchases through approved vendors. On-time delivery performance.

Purchase order processing cycle time.

Supplier quality and rejection rate.

Contract compliance and rate-contract utilization.

Reduction in emergency and non-compliant purchases.

Procurement budget adherence.

Key Working Relationships

Finance and Accounts

Operations and Production

Project and Maintenance Teams

Quality Assurance

Suppliers and Service Providers

Senior Management

Expected Outcome: Establish an efficient, transparent, and cost-effective centralizedprocurement function that ensures standardization, purchasing control, supplier reliability, and measurable cost savings across the organization.

KreditBee is committed to maintaining a transparent, fair, and secure recruitment process. We have become aware of fraudulent individuals and entities falsely claiming to represent KreditBee and offering fake employment opportunities.

Please note that KreditBee never asks candidates to pay any money for registration, training, certifications, security deposits, or any other purpose at any stage of the recruitment process. All official recruitment communications are sent through verified company email domains, primarily @kreditbee.in, @krazybee.com, and @kbnbfc.in. Candidates are advised to verify the sender's email address before responding to any recruitment-related communication. KreditBee does not conduct recruitment through unofficial email addresses or request payments.

If you receive a suspicious job offer, interview invitation, or recruitment-related communication claiming to be from KreditBee, do not make any payment or share sensitive personal or financial information. We encourage you to verify the authenticity of the communication through our official careers page or by contacting us at [email removed]

Disclaimer: KreditBee shall not be responsible for any loss, damage, or claims arising from fraudulent job offers or recruitment communications made by unauthorized individuals or entities falsely representing the company. Candidates should exercise due diligence and verify the authenticity of all recruitment-related communications before taking any action.

This job description is intended to outline the general nature and key responsibilities of the position. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the role. The responsibilities and qualifications described may be subject to change, and other duties may be assigned as needed. Employment is at-will, meaning the employee or the employer may terminate the employment relationship at any time, with or without cause, and with or without notice.

Data Utilization Disclaimer

By applying for this position, you acknowledge and agree that any personal data you provide may be used for recruitment and employment purposes. The data collected will be stored and processed in accordance with our privacy policy and applicable data protection laws. Your information will only be shared with relevant internal stakeholders and will not be disclosed to third parties without your consent, unless required by law.