Purchase Executive
3 months ago
The Purchase Executive is responsible for managing the procurement process, ensuring the timely and cost-effective acquisition of goods and services. This role involves supplier management, negotiating contracts, and maintaining inventory levels to meet organizational needs.
Key Responsibilities
- **Supplier Management**:
- Identify, evaluate, and select suppliers based on quality, cost, and delivery capabilities.
- Establish and maintain strong relationships with suppliers to negotiate terms and conditions.
- **Procurement Process**:
- Prepare and issue purchase orders in accordance with company policies.
- Monitor order status and follow up with suppliers to ensure timely delivery.
- **Cost Management**:
- Analyze market trends and supplier pricing to identify cost-saving opportunities.
- Negotiate contracts and pricing agreements with suppliers to optimize procurement costs.
- **Inventory Control**:
- Collaborate with the inventory team to maintain optimal stock levels.
- Conduct regular assessments of inventory and forecast future purchasing needs.
- **Documentation and Reporting**:
- Maintain accurate records of purchases, pricing, and supplier agreements.
- Prepare regular reports on purchasing activities, expenditure, and supplier performance.
- **Compliance and Quality Assurance**:
- Ensure compliance with organizational policies and regulatory requirements in all procurement activities.
- Conduct supplier audits and assessments to ensure quality standards are met.
**Job Types**: Full-time, Permanent
Pay: ₹20,000.00 - ₹26,000.00 per month
Schedule:
- Day shift
- Fixed shift
Supplemental Pay:
- Yearly bonus
**Experience**:
- Purchasing: 1 year (required)
- Negotiation: 1 year (required)
Work Location: In person
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