Sr. Executive Purchase/r Purchase

3 weeks ago

Surat, Gujarat, India Aswani Industries Full time
Job Description

Key Responsibilities

Supplier Sourcing & Management

- Identify and evaluate potential suppliers to ensure competitive pricing, quality standards, and reliable delivery schedules.
- Build and maintain strong, long-term relationships with key vendors and suppliers.

Procurement Planning

- Coordinate with internal departments to forecast material and product requirements based on project or production needs.
- Plan and place orders in a timely manner to ensure smooth operations and avoid stockouts.

Price Negotiation

- Negotiate contracts, prices, payment terms, and delivery schedules to secure favorable terms and cost savings for the organization.

Order Management

- Create and manage purchase orders ensuring accuracy of item specifications, pricing, and delivery timelines.
- Track order status and follow up with vendors to ensure timely deliveries.

Inventory Management

- Monitor stock levels and work with warehouse/inventory teams to maintain optimal inventory levels.
- Avoid overstocking or stock shortages through timely procurement actions.

Quality Control

- Ensure all procured goods meet internal quality standards and specifications.
- Coordinate with the quality assurance team for inspection and resolution of quality issues.

Vendor Performance Monitoring

- Evaluate supplier performance in terms of quality, cost, and timely delivery.
- Address and resolve any supplier-related issues that may impact operations.

Documentation & Reporting

- Maintain organized records of all purchases, contracts, quotations, and communications.
- Prepare and present procurement activity reports and cost savings analysis to management.

Compliance

- Ensure compliance with company policies, procurement guidelines, and legal/regulatory standards.

Cost Management

- Continuously seek cost optimization opportunities without compromising product quality.
- Stay updated on material market trends and pricing fluctuations.

Qualifications & Experience

- Bachelor's degree in Business, Supply Chain Management, or a related field
- Certification in procurement (e.g., CIPS, CSCP, or equivalent) is an added advantage
- 25 years of relevant experience in procurement or purchasing

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