Procurement & Vendor Management Executive at Mutual Benefit Assurance

About the Role:

• The Procurement & Vendor Management Executive is responsible for sourcing and procuring goods and services, managing vendor relationships and ensuring efficient procurement operations. The role supports cost-effective purchasing, timely service delivery and compliance with company policies and procurement procedures.

Key Responsibilities:

• Coordinate the procurement of goods and services, ensuring timely acquisition in line with approved policies, budgets, and operational requirements. 
• Source, evaluate, negotiate with and manage vendors to secure quality products and services at competitive prices while maintaining strong supplier relationships. 
• Prepare and process purchase requisitions, requests for quotations, purchase orders, and other procurement documentation, ensuring accuracy and compliance.
• Maintain vendor records, monitor supplier performance and resolve procurement and vendor-related issues to support efficient service delivery. 
• Assist with preparation of procurement reports, conduct cost and market analysis, and provide insights and recommendations to support informed purchasing decisions and cost optimization initiatives.
• Manage store operations, including inventory control, stock monitoring, issuance of items and proper documentation to ensure effective utilization and availability of resources.

Requirements:

• Bachelor's degree in Procurement, Supply Chain Management, Business Administration, Accounting, Economics or a related discipline. 
• 0–2 years of relevant experience in procurement, supply chain, administration or vendormanagement. 
• Knowledge of procurement principles, inventory management, and vendor administration will be an added advantage
• Proficiency in Microsoft Office applications, particularly Microsoft Excel. 
• Strong analytical, organizational, and problem-solving skills with attention to detail. 
• Excellent communication, interpersonal, and stakeholder management skills.
• Ability to manage multiple time-sensitive tasks simultaneously while maintaining accuracy and attention to detail.