Procurement & Vendor Management Executive

Procurement & Vendor Management Executive

Procurement & Vendor Management Executive at Mutual Benefits Assurance

Procurement & Vendor Management Executive

• Job Type Full Time
• Qualification BA/BSc/HND
• Experience 0 - 2 years
• Location Lagos
• Job Field Procurement / Store-keeping / Supply Chain

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.