Purchase Executive

2 weeks ago

Hyderabad, India ramaries hr services llp Full time

We are looking for a Purchasing Officer to buy products that are essential for our company’s day-to-day operations. You will review prices and quality and ensure optimal stock levels.

Purchasing Officer responsibilities include evaluating vendors, negotiating contracts and preparing reports (e.g. on orders and costs.) For this role, you should have good knowledge of market research, along with solid analytical skills to make sure you’re identifying the most profitable offers.

Ultimately, you’ll create and maintain good relationships with key suppliers to ensure merchandise is high quality and delivered on time.

**Responsibilities**
- Research potential vendors
- Compare and evaluate offers from suppliers
- Negotiate contract terms of agreement and pricing
- Track orders and ensure timely delivery
- Review quality of purchased products
- Enter order details (e.g. vendors, quantities, prices) into internal databases
- Maintain updated records of purchased products, delivery information and invoices
- Prepare reports on purchases, including cost analyses
- Monitor stock levels and place orders as needed
- Coordinate with warehouse staff to ensure proper storage
- Attend trade shows and exhibitions to stay up-to-date with industry trends

**Requirements and skills**
- Proven work experience as a Purchasing Officer, Purchasing Agentor similar role
- Good knowledge of vendor sourcing practices (researching, evaluating and liaising with vendors)
- Hands-on experience with purchasing software (e.g. Procurify or SpendMap)
- Understanding of supply chain procedures
- Solid analytical skills, with the ability to create financial reports and conduct cost analyses
- Negotiation skills
- BSc in Logistics, Business Administration or relevant field

**Salary**: ₹15,000.00 - ₹25,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Monday to Friday

Supplemental pay types:

- Performance bonus
- Yearly bonus

Ability to commute/relocate:

- Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Bachelor's (preferred)

**Speak with the employer**
+91 9885438434

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