Purchase Executive
4 weeks ago
Require Purchase Executive for our client, a reputed manufacturer of bespoke furniture
**Job Description**:
As the Purchase Executive, you will be responsible for developing and managing relationships with vendors, procurement processes, and utilizing Tally or ERP systems for efficient inventory management. This role requires a strong negotiation skills, vendor development expertise, and experience in material procurement.
**Responsibilities**:
1. Vendor Development:
- Identify and evaluate potential vendors based on quality, cost, and reliability.
- Develop and maintain strong relationships with new and existing suppliers.
- Negotiate terms and conditions with vendors to secure advantageous agreements.
2. Vendor Management:
- Collaborate with vendors to ensure timely delivery of high-quality materials.
- Evaluate vendor performance and provide feedback for continuous improvement.
- Resolve any vendor-related issues or discrepancies in a timely and effective manner.
3. Procurement Planning:
- Work closely with cross-functional teams to understand material requirements for ongoing and upcoming projects.
- Develop and implement procurement strategies aligned with business objectives.
4. Material Procurement:
- Source, negotiate, and procure materials in accordance with specified requirements and budget constraints.
- Ensure compliance with quality standards and delivery schedules.
5. Inventory Management:
- Utilize Tally or ERP systems to maintain accurate records of inventory levels.
- Implement effective inventory control measures to optimize stock levels.
6. Cost Negotiation:
- Negotiate favorable terms and conditions with suppliers to achieve cost savings.
- Analyze market trends and conduct benchmarking to ensure competitive pricing.
7. Contract Management:
- Review and negotiate contracts with vendors, ensuring compliance with company policies and legal requirements.
- Work closely with the legal department to finalize and execute contracts.
Compliance and Documentation:
- Ensure adherence to all regulatory and compliance requirements in procurement processes.
- Maintain comprehensive documentation of all procurement activities.
Qualifications:
- Proven experience as a Purchase Executive or in a similar procurement role.
- Strong negotiation skills and the ability to build and maintain effective vendor relationships.
- Experience with Tally or ERP systems for inventory management.
- Solid understanding of procurement processes, market dynamics, and cost analysis.
- Excellent communication and interpersonal skills.
- Bachelor's degree in Business, Supply Chain Management, or a related field.
**Benefits**:
- Competitive salary and performance-based bonuses.
- Opportunities for professional development and career advancement.
Pay: ₹30,000.00 - ₹40,000.00 per month
Schedule:
- Day shift
Application Question(s):
- Do you have purchase experience in the Furniture Industry / Building Material Industry ? Yes /No
**Experience**:
- Purchase: 1 year (preferred)
Work Location: In person
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