Faaiz Ali Khan

Procurement Executive

Fair Exports India Pvt Ltd

08.2022 - Current

Set up and negotiated contracts to obtain favorable pricing and delivery structures.
Maintained current understanding of pricing structures, market conditions and trends in industry.
Procured materials for squadron maintenance and repair services.
Evaluated internal needs and developed plans for maintaining optimal supply levels.
Built relationships with vendors to negotiate ideal terms for purchases.
Conducted spend analysis to identify cost-saving opportunities.
Analyzed supplier contracts to confirm compliance with company policies and procedures.
Negotiated contracts with suppliers to obtain favorable terms and pricing.
Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
Resolved invoice and payment issues to facilitate prompt payment to suppliers.
Developed and maintained relationships with key suppliers for smooth communication and to meet required expectations.
Monitored and managed procurement budget to control costs.
Led sourcing process for new vendors to get quality products and services and mitigate risk.
Created and maintained portfolio of qualified vendors to expand options.
Analyzed market conditions to make informed decisions on pricing and purchasing strategies.
Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment.
Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making.
Developed and strengthened supplier relationships.