Purchase Executive
2 months ago
**Job Summary**:
**Key Responsibilities**:
- Source and identify potential suppliers for required products and services.
- Negotiate prices, terms, and contracts with vendors to ensure cost efficiency without compromising quality.
- Issue purchase orders and track the delivery of goods and services to ensure they meet agreed specifications and timelines.
- Monitor and manage inventory levels, ensuring optimal stock levels are maintained.
- Analyze market trends, supplier pricing, and payment terms to identify the best opportunities for savings.
- Maintain accurate records of purchases, contracts, and inventories.
- Develop and maintain strong relationships with suppliers, fostering long-term partnerships.
- Coordinate with internal departments (production, finance, etc.) to understand purchasing requirements and align procurement strategies.
- Ensure compliance with company policies and legal requirements related to purchasing activities.
- Resolve any issues related to delivery, quality, or pricing with suppliers.
- Regularly review and update purchasing policies, procedures, and documentation.
**Requirements**:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field.
- Proven experience as a Purchase Executive or similar role, with a strong understanding of procurement and supply chain processes.
- Excellent negotiation skills and ability to build strong vendor relationships.
- Proficiency in using procurement software and MS Office (especially Excel).
- Strong analytical and problem-solving skills.
- Attention to detail and ability to multitask in a fast-paced environment.
- Good communication and interpersonal skills.
- Ability to work independently and in a team-oriented environment.
**Preferred Qualifications**:
- Knowledge of inventory management and demand planning.
- Experience in industries related to medical.
- Familiarity with ERP systems (e.g., SAP, Oracle)
Pay: ₹20,000.00 - ₹25,000.00 per month
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
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