Purchase Executive

4 months ago


Karol Bagh Delhi Delhi, India Team Spirit HR Solutions Full time

**Job description**

We have considered your profile for the position of (PURCHASE EXECUTIVE) with one of the reputed organizations.

Job Locations:

-:

- Karol Bagh Delhi

Exp:

- 3 to 7.

Post For:

- PURCHASE EXECUTIVE

**Job description**

**Job Description and Responsibilities**:
**1. Procurement Management**:

- **Identify and evaluate suppliers/vendors for the procurement of raw materials, packaging materials, machinery, equipment, and services required for production.
- Negotiate terms and conditions with suppliers to secure favorable pricing, payment terms, and delivery schedules.
- Maintain relationships with existing suppliers and develop new partnerships to ensure a diverse and reliable supply chain.
- Monitor market trends, industry developments, and supplier performance to make informed procurement decisions.

**. Purchase Order Processing**:

- Generate purchase orders accurately based on production requirements, inventory levels, and demand forecasts.
- Coordinate with internal departments such as production, quality control, and logistics to ensure alignment of procurement activities with operational needs.
- Verify order quantities, specifications, and prices to prevent discrepancies and ensure compliance with purchasing policies and procedures.

**3. Inventory Management**:

- Monitor inventory levels of raw materials and consumables to prevent stock outs and overstock situations.
- Implement inventory control measures such as ABC analysis, reorder point optimization, and safety stock management to optimize inventory levels and minimize carrying costs.
- Conduct regular stock audits and reconcile discrepancies to maintain accurate inventory records.

**4. Quality Assurance**:

- Collaborate with the quality control team to ensure that purchased materials meet the required quality standards and specifications.
- Conduct supplier audits and inspections to assess compliance with quality management systems and regulatory requirements.

**5. Cost Management**:

- Track procurement expenses and analyze spending patterns to identify opportunities for cost savings and process improvements.
- Implement cost reduction initiatives such as bulk purchasing, supplier consolidation, and value engineering to enhance procurement efficiency and reduce procurement costs.

**6. Documentation and Reporting**:

- Maintain comprehensive procurement records, including purchase orders, contracts, invoices, and supplier correspondence.
- Prepare regular reports on procurement activities, supplier performance, inventory levels, and budget variance for management r

IF YOU WANT TO APPLY FOR THE ABOVE SAID POST THEN KINDLY SEND YOUR RESUME TO THE SAME MAIL OR CALL US ON THE BELOW-MENTIONED CONTACT

Sunil Sharma

8010791812

**Salary**: ₹25,000.00 - ₹28,000.00 per month

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 1 year (preferred)

Work Location: In person


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