Purchase Executive
4 weeks ago
**Key Responsibilities**:
- **Procurement Management**:
- Identify and evaluate potential suppliers based on quality, price, reliability, and delivery speed.
- Issue purchase orders and maintain accurate records of procurement transactions.
- Ensure timely delivery of goods and services to meet organizational needs.
- **Vendor and Supplier Management**:
- Develop and maintain strong relationships with suppliers and vendors.
- Negotiate terms, contracts, and pricing with suppliers to achieve cost savings.
- Monitor supplier performance and address issues related to quality or delays.
- **Inventory and Cost Management**:
- Collaborate with inventory and warehouse teams to maintain optimal stock levels.
- Analyze procurement costs and suggest strategies to reduce expenditure.
- Identify opportunities for bulk purchases or alternate suppliers for better cost efficiency.
- **Compliance and Reporting**:
- Ensure procurement practices adhere to company policies and relevant regulations.
- Prepare reports on purchasing activities, cost analysis, and vendor performance.
- Maintain up-to-date procurement documentation for audit purposes.
- **Market Research**:
- Conduct market research to stay updated on industry trends and pricing strategies.
- Identify new products, technologies, or suppliers that can add value to the organization.
- **Collaboration**:
- Work closely with other departments such as production, finance, and logistics to align procurement activities with overall business objectives.
- Address and resolve any discrepancies between purchase orders, invoices, and delivery.
Pay: ₹15,000.00 - ₹18,000.00 per month
**Benefits**:
- Cell phone reimbursement
Schedule:
- Day shift
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
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