Purchase Executive
2 weeks ago
Greetings of the day
We are hiring for Purchase manager for Noida location.
**Key Responsibilities**:
- Research potential vendors
- Compare and evaluate offers from suppliers
- Negotiate contract terms of agreement and pricing
- Track orders and ensure timely delivery
- Review quality of purchased products
- Enter order details (e.g. vendors, quantities, prices) into internal databases
- Maintain updated records of purchased products, delivery information and invoices
- Prepare reports on purchases, including cost analyses
- Monitor stock levels and place orders as needed
- Coordinate with warehouse staff to ensure proper storage
- Attend trade shows and exhibitions to stay up-to-date with industry trends
**Essential Duties**:
- Manage all key aspects of sourcing, purchasing of material, packaging components and filling & assembly from external suppliers following established Benefit and LVMH purchasing strategies, budget guidelines, technical specifications as well as supply chain requirement
- Lead strategic supplier relationship management. Establish supplier performance criteria and conduct annual supplier reviews, track and improve supplier performance in the areas of quality, delivery, competitiveness, innovation and sustainability
- Establish category strategies, conduct spend analysis and develop action plans to improve category financial and operational results
- Develop and improve purchasing processes to support business growth and new product development
- Liaise with packaging development, R&D, quality and production/procurement groups to support successful launches of new products and drive continuous improvements in existing business
- Identify and analyze opportunities to drive decreases in overall cost of ownership. Responsible to drive year-over-year savings and lead VAVE events
- Achieve key departmental goals and perform key reporting requirement tasks to track overall progress
- Analyze past sales figures/trends to anticipate future product needs
- Minimize old stock and consistently source new products
- Strong knowledge base of suppliers.
- Can able to maintain fill rates, with minimum margins of 2728 % minimum in ethical & as per market trend in generics.
- Item Master and Vendor Master Management, Vendor rating and Development, Team Handling.
- Having good experience in Negotiation Tactics, Cash Purchase.
- Travel domestically as required
**Qualifications**:
- Possess strong negotiation capabilities, skills and strategies
- Self-starter with excellent organizational and time management abilities
- Ability to manage cross functions internally and externally
- Excel, Outlook, Word and PowerPoint
- Effective communication skills, including oral, written and interpersonal
- Sound assessments of situations and problem solving
- BA degree in Business Administration or equivalent combination of education and experience
- Minimum of 3years’ experience in purchasing, industrial environment, or cosmetics packaging preferred
- International work experience a plus
**Salary**: ₹20,000.00 - ₹35,000.00 per month
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 3 years (required)
Ability to Commute:
- Noida, Uttar Pradesh (preferred)
Ability to Relocate:
- Noida, Uttar Pradesh: Relocate before starting work (preferred)
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