Purchase Executive
2 weeks ago
**Key Responsibilities**:
- **Procurement of Raw Materials**:
- Source and purchase raw materials, components, and supplies necessary for the manufacturing process.
- Ensure the timely delivery of materials to meet production schedules.
- Collaborate with suppliers and internal teams to forecast material requirements.
- **Supplier Management**:
- Identify, evaluate, and maintain relationships with reliable suppliers and vendors.
- Negotiate pricing, terms, and delivery schedules to ensure the best value.
- Monitor and review supplier performance and resolve any issues related to delays, quality, or cost.
- **Inventory Control**:
- Maintain accurate inventory records and ensure that stock levels are optimized to prevent production delays.
- Conduct regular stock audits to track material usage and replenish supplies as needed.
- Coordinate with the warehouse and production teams to ensure inventory availability.
- **Purchase Order Management**:
- Prepare and process purchase orders in line with production requirements.
- Monitor and ensure timely receipt of materials and proper documentation (invoices, receipts).
- Resolve discrepancies in shipments, such as incorrect quantities or damaged goods.
- **Budget Management**:
- Work within the assigned budget and ensure that procurement activities align with financial goals.
- Track and manage purchase costs and look for opportunities to reduce expenses through negotiation or alternative sourcing.
- **Quality Control**:
- Ensure that all purchased materials meet the company’s quality standards.
- Work closely with the Quality Assurance (QA) team to resolve quality-related issues with suppliers.
- **Documentation and Reporting**:
- Maintain accurate records of purchases, supplier contracts, and communications.
- Provide regular reports on procurement activities, inventory levels, and cost-saving initiatives to senior management.
- **Compliance and Risk Management**:
- Ensure compliance with internal policies and external regulations related to procurement.
- Identify and mitigate risks associated with supply chain disruptions, such as price fluctuations or supply shortages.
- **Collaboration**:
- Coordinate with production, planning, and logistics teams to ensure materials are available as needed and production schedules are met.
- Work with finance to ensure timely payment of invoices and resolve payment issues with suppliers.
**Skills & Qualifications**:
- **Educational Background**: Typically a Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- **Experience**: Previous experience in purchasing, procurement, or supply chain management, preferably within a manufacturing or industrial environment.
- **Skills**:
- Strong negotiation and communication skills.
- Excellent organizational and time management abilities.
- Proficiency in procurement software and Microsoft Office Suite.
- Knowledge of inventory management and material resource planning (MRP) systems.
- Analytical skills to assess vendor performance and identify cost-saving opportunities.
This role is crucial in ensuring that the manufacturing process runs smoothly by having the necessary materials and supplies available without overstocking or causing delays.
**Job location : Nalasopara phata (Pelhar)**
**Salary : 22k to 30k**
**call : 86002 18900**
Pay: ₹22,000.00 - ₹30,000.00 per month
Work Location: In person
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