Purchase Executive
3 months ago
**Role Description**
**1. Strategic Sourcing**:
a. Identify and evaluate potential suppliers, assessing their quality, reliability, and cost-effectiveness.
b. Develop and implement sourcing strategies to meet business objectives.
**2. Vendor Management**:
a. Build and maintain strong relationships with existing and new suppliers
b. Negotiate contracts, prices, and terms to ensure the best value for SNAPIN.
**3. Purchase Order Management**:
a. Create, process, and track purchase orders, ensuring accuracy and compliance with company policies.
b. Manage purchase order discrepancies and resolve issues promptly.
**4. Inventory Management**:
a. Monitor and optimize inventory levels, minimizing stockouts and overstocking.
b. Collaborate with the operations team to ensure efficient inventory management.
**5. Cost Control and Analysis**:
a. Analyze and negotiate prices, ensuring the best value for SNAPIN.
b. Identify cost-saving opportunities and implement process improvements.
**6. Quality Assurance**:
a. Collaborate with the quality team to ensure supplier compliance with SNAPIN's quality standards.
b. Conduct regular supplier audits and performance evaluations.
**7. Logistics and Shipping**:
a. Coordinate with suppliers and logistics teams to ensure timely and efficient delivery of goods.
b. Manage freight, transportation, and warehousing costs.
**8. Documentation and Record-Keeping**:
a. Maintain accurate records of procurement transactions, contracts, and communications.
b. Ensure compliance with company policies and regulatory requirements.
**9. Reporting and Analysis**:
a. Provide regular MIS reports and insights on procurement performance, market trends, and cost savings opportunities.
Analyze data to identify areas for improvement and optimize procurement processes.
**Job Types**: Full-time, Permanent
Pay: ₹45,000.00 - ₹50,000.00 per month
Schedule:
- Day shift
- Morning shift
**Education**:
- Bachelor's (required)
**Experience**:
- total work: 2 years (preferred)
Work Location: In person
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