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Purchase Officer
1 week ago
Job Summary:
**Responsibilities**:
- **Sourcing and Procurement**:
- Identify potential suppliers and source products or services based on organizational needs.
- Negotiate and finalize contracts, terms, and conditions with suppliers.
- Evaluate and select suppliers based on quality, cost, and reliability.
- **Vendor Management**:
- Develop and maintain strong relationships with vendors and suppliers.
- Monitor vendor performance and compliance with contractual agreements.
- Resolve any issues or disputes with suppliers in a timely manner.
- **Purchase Planning**:
- Collaborate with various departments to understand their procurement needs.
- Develop and implement effective procurement strategies to meet organizational goals.
- Forecast demand and plan procurement activities accordingly.
- **Cost Management**:
- Conduct cost analysis and benchmarking to ensure cost-effectiveness.
- Explore opportunities for cost reduction without compromising quality.
- **Quality Assurance**:
- Collaborate with the quality control team to ensure purchased products meet quality standards.
- Address and resolve any quality issues with suppliers.
- **Documentation and Record Keeping**:
- Maintain accurate and up-to-date records of purchases, contracts, and negotiations.
- Ensure compliance with company policies and relevant regulations.
- **Risk Management**:
- Identify and assess potential risks in the procurement process.
- Develop and implement risk mitigation strategies.
- **Budget Management**:
- Work within established budgets for procurement activities.
- Provide regular reports on budget utilization and variance.
- **Communication**:
- Communicate effectively with internal stakeholders and external suppliers.
- Keep all relevant parties informed of procurement progress and potential issues.
Qualifications:
- Proven experience as a Purchase Officer or in a similar role.
- Strong negotiation and communication skills.
- Knowledge of procurement best practices and regulations.
- Familiarity with supply chain processes and inventory management.
- Excellent organizational and analytical skills.
- Proficient in Microsoft Office Suite and other relevant procurement software.
**Salary**: ₹20,000.00 - ₹30,000.00 per month
Schedule:
- Day shift
Work Location: In person
**Speak with the employer**
+91 9599300920
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