Purchase Executive

2 months ago


Thane, India Envirocare Labs Pvt Ltd Full time

**Job description - Sr. Purchase Executive/**

**Experience**: Proven 4-6 years’ experience in procurement role.

**Education**:Bachelor's degree in business administration, supply chain management, or a related field like chemistry.

**Skills**:

- In-depth knowledge of procurement principles, practices, and regulations.
- Strong negotiation and communication skills.
- Ability to build and maintain effective relationships with suppliers and internal stakeholders.
- Proficiency in using procurement software and enterprise resource planning (ERP) systems.
- Excellent analytical and problem-solving abilities.
- Strong organizational and time management skills.
- Familiarity with budgeting and financial principles.
- Leadership and team management skills.
- Strategic Sourcing: Develop and implement effective procurement strategies to meet the company's requirements. Identify reliable suppliers, negotiate favorable terms and conditions, and ensure timely delivery of goods and services.
- Vendor Management: Establish and maintain relationships with vendors, suppliers, and contractors. Evaluate their performance regularly, address any issues or concerns, and seek opportunities for improvement and cost savings.
- Purchase Planning and Store management: Collaborate with various departments to understand their procurement needs and develop procurement plans accordingly. Monitor inventory levels, anticipate future demands, and ensure optimal stock levels while minimizing excess or obsolete inventory. Manage stores by keeping a track of stock levels, issuing items to various sections as per requirement and replenishing the stock.
- Purchase Order Processing: Generate purchase orders based on approved requisitions and ensure accuracy in terms of specifications, quantities, and pricing. Coordinate with internal stakeholders and suppliers to resolve any discrepancies or delays.
- Price Negotiation: Conduct negotiations with suppliers to obtain competitive pricing and favorable payment terms. Continuously evaluate market trends and supplier performance to identify opportunities for cost savings and process improvements.
- Contract Management: Review and negotiate contracts, ensuring compliance with legal requirements and company policies. Monitor contract performance, track deliverables, and manage renewals or terminations as necessary.
- Budgeting and Cost Control: Collaborate with finance teams to establish and manage procurement budgets. Monitor expenses, analyze spending patterns, and implement cost-saving initiatives without compromising quality or service.
- Invoice Clearance: Collate all invoices and scrutinize for discrepancies in comparison to order placed. As per payment terms submission to accounts for payment.
- Risk Management: Identify potential risks in the procurement process and develop strategies to mitigate them. Stay updated with industry regulations and compliance requirements related to procurement activities.
- Team Player: Work closely with procurement professionals, if required provide guidance, training, and support. Foster a collaborative and efficient work environment, promoting continuous improvement and high performance.
- Reporting and Analysis: Prepare regular reports and analytics on procurement activities, including vendor performance, cost savings, and key performance indicators. Present findings to senior management and make recommendations for process enhancements.

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

**Salary**: ₹20,000.00 - ₹35,000.00 per month

**Benefits**:

- Commuter assistance
- Health insurance
- Provident Fund

Schedule:

- Day shift

Ability to commute/relocate:

- Thane, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 1 year (preferred)

**Speak with the employer**
+91 9167232025


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