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Purchase Executive
3 weeks ago
**Job Title: Purchase Executive**
**Location**: Mohali
**Experience **:1 to 3 years experience in (Pharma field )
**Key Responsibilities**:
- **Sourcing and Procurement**:
- Identify and evaluate suppliers based on price, quality, and delivery time.
Dealing in Finished Product
- Negotiate contracts and terms with suppliers to secure favorable prices and terms.
- Monitor inventory levels and initiate purchasing requests as necessary.
- **Supplier Management**:
- Maintain relationships with existing suppliers and seek new vendor partnerships.
- Assess supplier performance and implement improvements as needed.
- Coordinate with suppliers to ensure compliance with company policies and regulations.
- **Documentation and Compliance**:
- Prepare and maintain accurate records of purchases, pricing, and inventory.
- Ensure all procurement activities comply with industry regulations and standards.
- Assist in audits and prepare necessary documentation.
- **Collaboration**:
- Work closely with the quality assurance and production teams to ensure materials meet specifications.
- Collaborate with finance to manage budgets and payment processes for suppliers.
- **Market Analysis**:
- Stay informed about market trends, pricing fluctuations, and new products.
- Conduct market research to identify potential new suppliers and products.
**Qualifications**:
- Bachelor’s degree in Business Administration, Supply Chain Management, Pharmacy, or a related field.
- Proven experience in purchasing or procurement, preferably in the pharmaceutical industry.
- Strong negotiation skills and the ability to build and maintain relationships with suppliers.
- Excellent organizational and time-management skills.
- Proficient in procurement software and Microsoft Office Suite.
- Strong analytical skills with attention to detail.
**Job Types**: Full-time, Permanent
Pay: ₹15,000.00 - ₹30,000.00 per month
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
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