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Purchase Executive

1 month ago

Delhi Delhi, India Lagom Retail Private Limited Full time

**Responsibilities**:

- Develop and implement effective procurement strategies and policies to meet the company's purchasing requirements.
- Identify and source reliable suppliers and vendors, evaluate their products and services, and negotiate favorable terms and conditions.
- Collaborate with internal stakeholders, such as production, finance, and quality control, to understand their purchasing needs and ensure timely procurement.
- Monitor and maintain appropriate inventory levels to meet production demands while minimizing excess stock.
- Evaluate supplier performance based on quality, delivery, and pricing, and establish long-term relationships with key suppliers.
- Conduct market research to identify new products, suppliers, and cost-saving opportunities.
- Ensure compliance with relevant legal, ethical, and environmental standards in procurement activities.
- Prepare and maintain accurate records of purchasing transactions, contracts, and pricing information.
- Monitor market trends and industry developments to anticipate potential supply chain issues and take proactive measures to mitigate risks.
- Stay updated on industry best practices and emerging trends in procurement and supply chain management.

Qualifications and Requirements:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field. Additional certifications in procurement or supply chain management are a plus.
- Proven experience as a Purchase Executive or similar role, preferably in the [Retail Sector].
- Strong knowledge of procurement processes, supplier management, and negotiation techniques.
- Familiarity with ERP systems and procurement software.
- Excellent analytical and problem-solving skills with a keen attention to detail.
- Effective communication and negotiation skills.
- Ability to work under pressure, prioritize tasks, and meet deadlines.
- Proficient in Microsoft Office suite, especially Excel and PowerPoint.

Pay: ₹22,000.00 - ₹25,000.00 per month

**Benefits**:

- Health insurance
- Paid sick time
- Paid time off

Schedule:

- Day shift

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