Purchase Executive
2 weeks ago
**Brief - Ability to manage full spectrum of purchasing process including supplier selection and management, price negotiation, purchase order execution, timely delivery, stock optimization, sourcing equipment, Goods & services etc**
**Minimum experience - 2-3 years, understanding of manufacturing industry**
**Key Responsibilities:
- **
∙ Achieves company objectives in terms of cost reduction, supply base management, quality and delivery time, able to prioritize as per organization needs
∙ Develop, lead and execute purchasing strategies
∙ Seek and partner with reliable vendors, work with suppliers, manufacturers and internal departments
∙ Measuring, tracking & reporting forecast accuracy and corrective actions to drive improved outputs
∙ Determine quantity and timing of deliveries
∙ Monitor and forecast upcoming levels of demand
∙ Keep a constant check on stock levels and Inventory Management
∙ Track, measure and analyze purchase expenditures
∙ Craft negotiation strategies and close deals with optimal terms
∙ Forecast price and market trends to identify changes of balance in buyer-supplier power
∙ Track and report key functional metrics to reduce expenses and improve effectiveness
∙ Perform cost and scenario analysis, and benchmarking
∙ Produce reports and statistics on spending and saving
∙ Industry knowledge of Manufacturing or Home têxtiles or Furniture or White goods appliances - Hands on experience in SAP, had worked with excel and Data Management(preferred)
∙ Demonstrated decision making and problem solving skills - Comprehensive skills in query/reporting tools
∙ Ability to self-start and create synergy with cross functional team towards the key metrics like On time in full delivery, YOY Cost saving, Inventory management, Digitalization and Supplier compliance
∙ Sustain Compliance audit on Procurement process to determine the completeness, efficacy as well as the accuracy of thepurchasing products, materials, and services for their organization
**Job Types**: Full-time, Permanent
**Benefits**:
- Health insurance
- Leave encashment
- Life insurance
- Paid sick time
Schedule:
- Day shift
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 3 years (preferred)
Work Location: In person
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