Purchase Executive
5 hours ago
Job SummaryThe Purchase Executive is responsible for managing the procurement process, including sourcing equipment, goods, and services while ensuring timely and cost-effective purchasing. This role requires expertise in supplier management, market analysis, and negotiation, contributing to the company's strategic objectives. The ideal candidate will be a skilled negotiator with experience in inventory management, vendor relations, and procurement strategy, particularly in the manufacturing sector.Key ResponsibilitiesVendor Management:→ Develop and maintain strong relationships with suppliers to secure optimal terms.→ Regularly assess vendor performance to ensure the quality of supplied products.Procurement Strategy:→ Develop and execute a comprehensive procurement strategy aligned with company goals.→ Collaborate with internal teams and stakeholders to clarify requirements and expectations.Sourcing:→ Identify potential suppliers based on project needs.→ Negotiate pricing, quantity, and delivery terms to achieve the best value.Purchase Order Management:→ Prepare and issue purchase orders in a timely manner.→ Monitor deliveries to ensure products are received on schedule.Negotiation:→ Leverage negotiation skills to secure favorable terms with suppliers.Market Analysis:→ Stay informed about market trends, pricing fluctuations, and supply challenges.→ Identify opportunities for cost reduction through strategic sourcing.Quality Assurance:→ Ensure procured goods meet required quality standards.→ Collaborate with the Quality Control department for inspections and assessments.Inventory Management:→ Track stock levels and initiate replenishment as needed.→ Work with inventory and sales teams to maintain accurate stock records.Requirements· Anu degree· 2 to 4 years of experience in procurement, purchasing, or supply chain roles.· Experience in the manufacturing field is required.· Experience with purchase order systems and inventory control software.· Strong vendor management, negotiation, and procurement strategy skills.· Excellent communication and relationship-building abilities.· Ability to work both independently and as part of a team.Salary Range: ₹25,000 to ₹30,000 per month, based on experience and qualifications.Job Type: Full-timePay: ₹25, ₹30,000.00 per monthAbility to commute/relocate:Kochi, Kerala: Reliably commute or planning to relocate before starting work (Required)Application Question(s):What is your expected salary?Do you have B.Tech in Mechanical Engineering or Electrical and Electronics Engineering?Education:Bachelor's (Preferred)Experience:total work: 2 years (Required)Work Location: In person
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