Purchase Executive

4 weeks ago


Mumbai Maharashtra, India Varvic Enterprise ( Recruitment Agency) Full time

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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