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15/07 TARUN NAIR
HR EXECUTIVE at THE HOUSE OF RARE

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The House Of Rare - Procurement Executive - Project MIS (3-5 yrs)

Bangalore Job Code: 40457

Job Summary: Procurement Executive - Project MIS will be responsible for managing procurement activities related to project-based operations, ensuring that all materials and services are procured in a cost-effective, timely, and efficient manner. The role involves coordinating with various departments, maintaining accurate procurement records, and leveraging the Project MIS to optimize procurement processes.

Key Responsibilities:

1. Procurement Planning and Execution:

- Develop and implement procurement plans in alignment with project requirements and timelines.

- Source and evaluate suppliers, negotiate contracts, and manage supplier relationships.

- Ensure compliance with company procurement policies and procedures.

2. MIS Integration and Reporting:

- Utilize Project MIS to track procurement activities, monitor budgets, and generate reports.

- Maintain accurate and up-to-date procurement records in the MIS.

- Provide data analysis and insights to support decision-making processes.

3. Vendor Management:

- Identify and qualify new vendors while maintaining strong relationships with existing suppliers.

- Conduct regular performance reviews and audits of vendors to ensure quality and reliability.

4. Cost Control and Budget Management:

- Monitor and control procurement expenditures to stay within project budgets.

- Identify cost-saving opportunities and implement measures to reduce procurement costs.

5. Coordination and Communication:

- Collaborate with project managers, engineers, and other stakeholders to understand project requirements and timelines.

- Communicate procurement statuses, potential issues, and resolutions to relevant parties.

6. Compliance and Risk Management:

- Ensure adherence to legal and regulatory requirements related to procurement.

- Identify and mitigate potential risks in the procurement process.

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