Purchase Executive

13 hours ago


Hosur TN IN Inovit Fusion Technology Pvt Ltd Full time

Knowledge of Hard skills technical knowledge and Soft skills Interpersonal abilities Job Title Purchaser - Procurement Buying Department Purchasing Location Hosur Phone Number 8015577526 Reporting to Manager Employment Type Full Type Key Responsibilities Purchasing Department Evaluating vendors comparing their products prices and services Negotiating contracts and agreements with suppliers to ensure the best terms Maintaining and updating supplier information such as qualifications delivery times product ranges etc Managing inventories and maintaining accurate purchase and pricing records Monitoring stock levels and identifying purchasing needs Researching and identifying prospective suppliers Implementing and enforcing company procurement policies and procedures Reviewing quality of purchased products and resolving any discrepancies Working with team members and Procurement Manager to complete duties as needed Develop lead and execute purchasing strategies Track and report key functional metrics to reduce expenses and improve effectiveness Perform cost and scenario analysis and benchmarking Assess manage and mitigate risks Seek and partner with reliable vendors and suppliers Determine quantity and timing of deliveries Monitor and forecast upcoming levels of demand Maintain records of purchases pricing and other important data Review and analyze all vendors suppliers supply and price options Skills Competencies Basic Knowledge of Computer System Good Communication Relationship Management Understanding of supply chain procedures Solid analytical skills with the ability to create financial reports and conduct cost analyses Negotiation skills Proven work experience as a Purchasing Officer Purchasing Agent or similar role Good knowledge of vendor sourcing practices researching evaluating and liaising with vendors A high level of accuracy in reviewing documentation invoices and contracts to prevent errors Qualifications Experience Education 10 2 Degree MBA Experience 3 - 5 Years of experience in Purchaser preferably in manufacturing environment Job Type Full-time Pay 24 000 00 - 28 000 00 per month Work Location In person


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