Purchase Store Executive
6 months ago
As a Purchase cum Store Executive, your primary responsibility is to oversee the procurement process while also managing the inventory and storage of goods within the organization.
Key Responsibilities:
1. Procurement:
- Source and purchase materials, goods, and services necessary for company operations.
- Evaluate suppliers based on price, quality, and delivery speed.
- Negotiate contracts and agreements with suppliers to ensure favorable terms.
- Monitor market trends and supplier performance to identify opportunities for cost savings and efficiency improvements.
- Maintain accurate records of purchases, pricing, and other relevant data.
2. Inventory Management:
- Maintain proper inventory levels to meet production and operational needs.
- Conduct regular stock assessments and inventory audits to identify discrepancies and prevent stockouts or overstock situations.
- Implement inventory control measures to minimize loss, theft, and waste.
- Coordinate with other departments to forecast demand and plan inventory accordingly.
- Develop and implement inventory management policies and procedures to streamline operations and improve efficiency.
3. Storage and Logistics:
- Organize and optimize warehouse space to maximize storage capacity and efficiency.
- Ensure that goods are stored safely and securely, following proper handling and storage protocols.
- Coordinate the receipt, inspection, and storage of incoming goods.
- Oversee the picking, packing, and shipping of orders to customers or other departments.
- Collaborate with logistics partners to arrange transportation and delivery of goods as needed.
4. Documentation and Reporting:
- Maintain accurate and up-to-date records of all purchase transactions, inventory movements, and stock levels.
- Generate reports on purchasing activity, inventory status, and performance metrics.
- Analyze data to identify trends, patterns, and areas for improvement.
- Provide regular updates and reports to management on purchasing and inventory-related matters.
5. Compliance and Quality Assurance:
- Ensure compliance with relevant regulations, industry standards, and company policies.
- Conduct quality checks on incoming goods to verify conformity to specifications and standards.
- Address any issues related to product quality, defects, or non-compliance with suppliers.
- Implement quality control measures to maintain high standards for purchased goods and materials.
**Qualifications and Skills**:
- Bachelor’s degree in supply chain management, business administration, or a related field.
- Proven experience in procurement, inventory management, or supply chain operations.
- Strong negotiation skills and ability to build effective relationships with suppliers.
- Excellent organizational and time management abilities.
- Attention to detail and accuracy in record-keeping and documentation.
- Knowledge of relevant laws, regulations, and best practices in procurement and inventory management.
- Effective communication and interpersonal skills.
- Ability to work independently and collaboratively in a fast-paced environment.
**Salary**: ₹15,000.00 - ₹30,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Health insurance
- Leave encashment
- Life insurance
- Provident Fund
Schedule:
- Day shift
- Weekend only
Supplemental pay types:
- Performance bonus
- Yearly bonus
Ability to commute/relocate:
- Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work on purchase & stores: 3 years (required)
Work Location: In person
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