Executive Purchase
7 months ago
**Job Title**: Executive - Purchase
**Location**: [Company Name/Location]
**Reports to**: Procurement Manager / Supply Chain Manager
**Job Summary**:
**Key Responsibilities**:
- **Vendor Sourcing**: Identify and evaluate potential vendors and suppliers for various goods and services required by the company. Conduct market research, vendor assessments, and supplier audits to assess capabilities, quality, and reliability.
- **Supplier Negotiation**: Negotiate pricing, terms, and contracts with selected vendors to obtain the best value for the company. Collaborate with vendors to establish clear specifications, quality standards, and delivery schedules.
- **Purchase Order Management**: Generate purchase orders for approved requisitions, ensuring accuracy and completeness of order details. Coordinate with internal stakeholders to confirm requirements and obtain necessary approvals.
- **Supplier Relationship Management**: Develop and maintain strong relationships with key suppliers and vendors. Communicate effectively with suppliers to address issues, resolve disputes, and ensure compliance with contractual obligations.
- **Order Tracking and Follow-up**: Monitor and track the status of purchase orders to ensure timely delivery of goods and services. Follow up with vendors to expedite deliveries, resolve delivery discrepancies, and provide updates to internal stakeholders.
- **Cost Management**: Analyze pricing proposals, conduct cost comparisons, and negotiate favorable terms and pricing with vendors. Implement cost-saving initiatives and strategies to optimize procurement spend and achieve cost reduction targets.
- **Quality Assurance**: Collaborate with quality assurance teams to ensure that purchased materials and components meet quality standards and specifications. Conduct supplier audits and inspections as needed to ensure compliance with quality requirements.
- **Documentation and Record Keeping**: Maintain accurate records of procurement transactions, including purchase orders, contracts, invoices, and correspondence. Ensure compliance with procurement policies, procedures, and regulatory requirements.
**Qualifications**:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field.
- 3-5 years of experience in purchasing, procurement, or supply chain management.
- Strong negotiation, communication, and interpersonal skills.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and procurement software.
- Excellent organizational and time management skills, with the ability to prioritize tasks effectively.
- Detail-oriented with a focus on accuracy and quality in procurement processes.
- Ability to work independently with mínimal supervision and as part of a team.
- Knowledge of procurement principles, practices, and best practices.
**Offered CTC**: Commensurate with experience
**Job Types**: Full-time, Permanent
**Salary**: ₹300,000.00 - ₹400,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Day shift
- Monday to Friday
Supplemental pay types:
- Performance bonus
- Yearly bonus
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 5 years (preferred)
- Purchase: 3 years (preferred)
Work Location: In person
**Speak with the employer**
+91 7620208890
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