Purchase Store Executive

6 months ago


Hyderabad Telangana, India RGP ELECTRONICS INDIA PRIVATE LIMITED Full time

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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