Procurement Executive

Posted 5 Days Ago
Be an Early Applicant
Pallikaranai, Injambakkam, Chennai, Tamil Nadu, IND
In-Office
Mid level
Healthtech • Information Technology • Professional Services
The Role
Sources and evaluates suppliers, negotiates pricing and contracts, processes purchase requisitions and orders, monitors inventory and deliveries, maintains procurement records, and resolves supplier issues. The role conducts market research, identifies cost-saving opportunities, supports budgeting and cost control, analyzes purchasing trends, manages vendor relationships, and ensures compliance with procurement policies and regulations.
Summary Generated by Built In

  • Identify, evaluate, and select suppliers based on quality, cost, delivery, and service capabilities.
  • Source quotations, negotiate prices, terms, and contracts with vendors.
  • Prepare and process Purchase Requisitions (PRs) and Purchase Orders (POs).
  • Monitor inventory levels and coordinate procurement activities to avoid stock shortages.
  • Track order status and ensure timely delivery of goods and services.
  • Maintain accurate procurement records, contracts, and supplier databases.
  • Develop and maintain strong relationships with suppliers and internal stakeholders.
  • Conduct market research to identify new suppliers and cost-saving opportunities.
  • Resolve issues related to supplier performance, delivery delays, and quality concerns.
  • Ensure procurement activities comply with company policies and regulatory requirements.
  • Assist in budget planning and cost control initiatives.
  • Generate procurement reports and analyze purchasing trends.


Requirements
  • Bachelor's degree in Supply Chain Management, Business Administration, Commerce, or a related field.
  • 2-5 years of experience in procurement, purchasing, or supply chain operations.
  • Strong negotiation and vendor management skills.
  • Proficiency in Microsoft Excel, ERP systems, and procurement software.
  • Knowledge of procurement processes, sourcing, and contract management.
  • Excellent communication and interpersonal skills.
  • Strong analytical and problem-solving abilities.
  • Negotiation Skills
  • Cost Optimization
  • Vendor Relationship Management
  • Strategic Sourcing
  • Inventory Planning
  • Analytical Thinking
  • Time Management
  • Team Collaboration


  • Skills Required

    • Bachelor's degree in Supply Chain Management, Business Administration, Commerce, or a related field
    • 2-5 years of experience in procurement, purchasing, or supply chain operations
    • Strong negotiation and vendor management skills
    • Proficiency in Microsoft Excel, ERP systems, and procurement software
    • Knowledge of procurement processes, sourcing, and contract management
    • Excellent communication and interpersonal skills
    • Strong analytical and problem-solving abilities
    • Cost optimization, strategic sourcing, inventory planning, time management, and team collaboration skills
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    The Company

    What We Do

    SHAI is a technology-enabled healthcare services provider focused on Revenue Cycle Management (RCM) for the US healthcare sector. It combines proprietary technology, industry expertise, and efficient processes to help medical billing companies, physician groups, and hospitals optimize revenue, reduce claim denials, and maintain compliance. The company supports healthcare organizations in navigating complex financial and operational challenges.

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