Purchase Specialist

4 weeks ago

Noida, Uttar Pradesh, India MK IT Solutions Full time
Job Description

Job Role - Purchase / Commercial - Manager

Job Overview

We are seeking a dedicated Purchase Specialist Senior Executive Manager for a full-time position located in Noida. This mid-level role involves managing and optimizing the purchasing process, ensuring cost-effectiveness, and maintaining strong vendor relationships. The ideal candidate will have expertise in sourcing, cost analysis, and negotiation.

Qualifications and Skills

- Sourcing (Mandatory skill) - Demonstrated ability to identify and evaluate suppliers who meet quality and regulatory standards efficiently.
- Cost Analysis (Mandatory skill) - Expertise in analyzing and comparing costs for goods and services to ensure financial efficiency.
- Negotiation (Mandatory skill) - Strong negotiating skills to secure the best deals without compromising on quality.
- RFQ Management - Proficient in managing Requests for Quotation to ensure timely and competitive responses.
- Vendor Management - Experience in maintaining productive relationships with vendors and overseeing their performance metrics.
- Purchase Order Management - Capability in administering and tracking all purchase order activities to optimize procurement.
- Strategic Sourcing - Skilled in strategic planning and execution of sourcing strategies to streamline supply chain processes.
- Inventory Management - Knowledge of inventory practices to manage stock levels effectively and maintain business continuity.

Roles and Responsibilities

- Oversee the entire purchasing process to ensure timely procurement of quality goods and services at competitive prices.
- Develop and implement effective sourcing strategies that align with the companys goals to strengthen supplier partnerships.
- Lead negotiations with vendors to secure favorable terms and conditions while maintaining strong professional relationships.
- Analyze market trends and organizational requirements to forecast procurement needs accurately.
- Manage RFQs and vendor selection processes with attention to optimizing costs and maintaining quality standards.
- Coordinate with internal teams to forecast demand, ensuring effective inventory management and cost efficiency.
- Develop and maintain a detailed tracking system for purchase orders to ensure seamless procurement operations.
- Act as the main point of contact for vendor communications to streamline information flow and resolve issues promptly.
- Knowledge of GST, online buying from portals, invoice validation, material QC preferred.
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