Purchase Executive

2 weeks ago

Lucknow, India Goyal kitchen Equipment Full time

Job Title: Purchase Executive

Job Summary:
As a Purchase Executive, you will be responsible for sourcing, purchasing, and negotiating materials, goods, and services essential for the organization's operations. You will work closely with suppliers, vendors, and internal stakeholders to ensure timely procurement of high-quality products at the best possible prices. Your role requires strong negotiation skills, market knowledge, and the ability to maintain positive relationships with suppliers while meeting the organization's budget and quality standards.

Key Responsibilities:

- Sourcing and Procurement:

- Identify potential suppliers and vendors through market research and networking.
- Solicit price quotations, proposals, and bids from multiple vendors.
- Evaluate supplier capabilities, quality, reliability, and performance.
- Negotiate terms, contracts, and pricing agreements with suppliers to achieve cost savings and favorable terms.
- Place purchase orders and ensure timely delivery of goods and services.
- Supplier Relationship Management:

- Cultivate and maintain positive relationships with suppliers and vendors.
- Address any issues or concerns related to product quality, delivery delays, or pricing discrepancies.
- Work collaboratively with suppliers to resolve conflicts and improve performance.
- Conduct regular supplier performance evaluations and provide feedback for improvement.
- Inventory Management:

- Monitor inventory levels and track usage patterns to anticipate demand.
- Coordinate with warehouse and logistics teams to ensure adequate stock levels.
- Implement inventory control measures to minimize stockouts and excess inventory.
- Compliance and Documentation:

- Ensure compliance with organizational purchasing policies, procedures, and ethical standards.
- Maintain accurate records of purchases, pricing, and supplier contracts.
- Prepare purchase reports, budget forecasts, and expenditure analyses as required.
- Market Analysis and Trend Monitoring:

- Stay informed about market trends, price fluctuations, and supply chain disruptions.
- Conduct cost analysis and benchmarking to identify opportunities for cost reduction and process improvement.
- Recommend alternative suppliers, materials, or sourcing strategies to optimize procurement processes.

Qualifications and Skills:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience (2 years) in procurement, purchasing, or supply chain management.
- Strong negotiation skills and the ability to build and maintain relationships with suppliers.
- Excellent communication, interpersonal, and problem-solving skills.
- Proficiency in using procurement software, MS Office Suite, and ERP systems.
- Attention to detail and the ability to multitask in a fast-paced environment.
- Knowledge of procurement best practices, contract law, and international trade regulations

**Salary**: ₹15,000.00 - ₹20,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Overtime pay

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 1 year (required)

Ability to Commute:

- Lucknow City, Uttar Pradesh (required)

Ability to Relocate:

- Lucknow City, Uttar Pradesh: Relocate before starting work (required)

Work Location: In person

**Speak with the employer**
+91 9305111817

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