Purchase Executive

2 weeks ago


Jaipur Rajasthan, India Soni International Jewelry Manufacturing Company Full time

**sourcing Suppliers**: Purchase Executives identify and source potential suppliers or vendors who can provide the required goods or services. This involves researching suppliers, evaluating their capabilities, and negotiating contracts or agreements.
- **Request for Quotations (RFQ)**: Purchase Executives prepare and issue RFQs to solicit bids or proposals from suppliers. They review and evaluate quotations to select the best value option based on factors such as price, quality, and delivery time.
- **Negotiation**: They negotiate terms and conditions with suppliers to secure favorable pricing, payment terms, and other contractual terms. This may involve bargaining for discounts, volume pricing, or favorable payment terms to optimize procurement costs.
- **Purchase Order Processing**: Purchase Executives generate purchase orders (POs) to formalize the procurement of goods or services. They ensure that POs are accurate, complete, and comply with organizational policies and procedures.
- **Quality Assurance**: They collaborate with quality assurance teams to ensure that purchased goods or services meet quality standards and specifications. Purchase Executives may conduct supplier audits, inspect incoming shipments, and address quality issues as needed.
- **Contract Management**: They manage contracts and agreements with suppliers, including renewals, amendments, and terminations. Purchase Executives ensure that contracts are compliant with legal and regulatory requirements and that all parties fulfill their obligations.
- **Cost Analysis and Cost Reduction**: They analyze procurement costs and identify opportunities for cost reduction or cost optimization. This may involve exploring alternative suppliers, negotiating better prices, or implementing process improvements to reduce procurement expenses.
- **Documentation and Reporting**: They maintain accurate records of procurement activities, including contracts, purchase orders, invoices, and supplier performance data. Purchase Executives may also prepare reports and analytics to track procurement performance and identify trends or areas for improvement.

**Job Types**: Full-time, Permanent

Pay: ₹20,000.00 - ₹25,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 3 years (preferred)

Work Location: In person

Application Deadline: 16/04/2024


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