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Sr. Executive - Procurement and Vendor Management

Cohere Health
NewPosted today

LOCATION

Hyderabad · Onsite

EXPERIENCE

5 - 8 Years

SKILLS REQUIRED

Procurement ManagementVendor Management & CoordinationContract NegotiationCost Reduction

Job description

Overview

Senior Executive for procurement and vendor management, overseeing the day-to-day procurement cycle, vendor relationships and procurement compliance for the office.

What you'll do

  • Gather and confirm procurement request details, and carry out market research on requested items.
  • Manage the complete procurement cycle, including purchase requisitions, RFQs, quotations, purchase orders, and delivery follow-ups.
  • Identify, evaluate, onboard, and maintain relationships with reliable vendors and suppliers.
  • Obtain and compare vendor quotations based on price, quality, delivery timelines, and commercial terms.
  • Negotiate pricing, payment terms, contracts, and service-level agreements with vendors.
  • Monitor vendor performance, including quality, delivery, responsiveness, and adherence to agreed terms.
  • Maintain an updated vendor database, contracts, pricing information, and procurement records.
  • Coordinate with internal departments to understand procurement requirements and ensure timely availability of materials/services.
  • Prepare and track purchase orders, deliveries, invoices, and payment status in coordination with Finance and Accounts.
  • Resolve vendor-related issues, including delivery delays, quality concerns, pricing discrepancies, and invoice disputes.
  • Support vendor audits, compliance checks, and periodic supplier performance reviews.
  • Identify cost-saving opportunities and alternative suppliers.
  • Ensure procurement activities comply with company policies, approval processes, and applicable regulations.
  • Prepare procurement reports, vendor performance reports, cost analyses, and management dashboards.
  • Maintain proper documentation and records for audit and compliance purposes.
  • Assist the manager in information security activities implementation and maintenance, and implement security policies and procedures, reporting any issues to the Information Security Manager.
  • Ensure the team is equipped with competence related to information security.

What you'll need

  • 5–8 years of experience in procurement, purchasing, sourcing, or vendor management.
  • Good negotiation and communication skills.
  • Strong vendor relationship management abilities.
  • Knowledge of procurement processes, purchase orders, contracts, and supplier evaluation.
  • Good analytical and problem-solving skills.
  • Proficiency in MS Excel and procurement/ERP systems.
  • Ability to manage multiple vendors and procurement activities simultaneously.
  • Strong attention to detail, accuracy, and problem-solving skills.
  • Good knowledge of information security practices.

Nice to have

  • Bachelor's degree (Administration, Management, or related field).
  • Strong organizational and time-management skills.
  • Excellent written and verbal communication skills.
  • Ability to multitask, prioritize, and adapt to changing business needs.
  • Proficiency in MS Office Suite (Word, Excel, PowerPoint, Outlook) and Google Gmail and Google Sheets.
  • Self-motivated, trustworthy, and able to work independently with minimal supervision.
  • Familiarity with basic accounting processes, transport scheduling, and office management procedures.

Details

  • Location: Hyderabad, Telangana, India.
  • Ability to commute or relocate to Hyderabad before starting work is preferred.

Read the full description and apply on the company’s own careers page.

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Sr. Executive - Procurement and Vendor Management