Purchase Executive

3 days ago

Lajpat Nagar Delhi Delhi, India MNR Solutions Full time

**Key Responsibilities**:
**1. Supplier Management**
- Identify and evaluate potential suppliers.
- Maintain strong relationships with existing suppliers.
- Negotiate contracts and agreements to secure favourable terms.

**2. Cost Management**
- Analyse procurement costs and seek opportunities for savings.
- Develop and implement cost-reduction strategies without compromising quality.

**3. Inventory Management**
- Ensure optimal raw material (RM) and packaging material (PM) levels to meet production and sales demands.
- Monitor stock turnover rates and adjust purchase orders accordingly.

**4. Quality Assurance**
- Ensure purchased goods meet required quality standards.
- Collaborate with quality control teams to address issues with suppliers.

**5. Compliance and Risk Management**
- Ensure compliance with legal and regulatory requirements related to procurement.
- Assess and mitigate risks associated with supplier contracts and supply chain disruptions.

**6. Market Analysis**
- Conduct market research to stay updated on industry trends and price fluctuations.
- Analyse competitor strategies and evaluate supplier performance.

**7. Collaboration with Internal Teams**
- Work closely with production, logistics, and finance teams to align payments, last-mile delivery, and procurement strategies with overall business objectives.

**8. Receiving Accuracy**
- Ensure accurate receipt of goods against purchase orders (POs) or return-to-origin (RTO).
- Verify quantities, quality, and condition of incoming goods.

**Key Performance Indicators (KPIs)**:
**1. Cost Savings**
- Percentage reduction in procurement costs year-over-year.
- Total savings achieved through negotiations and supplier management.

**2. Supplier Performance**
- Supplier lead time adherence (percentage of suppliers meeting delivery deadlines).
- Quality rating of suppliers based on defect rates or compliance with standards.

**3. Purchase Order Cycle Time**
- Average time from purchase order creation to order fulfilment.
- Percentage of purchase orders processed within the specified timeframe.

**4. Supplier Diversity**
- Percentage of spend with diverse suppliers (e.g., women-owned or minority-owned businesses).

**Qualifications**:
**Education and Experience**:

- Bachelor’s degree in a relevant field.
- 3-5 years of experience in procurement, preferably in the food and beverage industry.

**Skills and Competencies**:

- Strong understanding of procurement processes.
- Excellent negotiation, communication, and interpersonal skills.
- Proficiency in Microsoft Office and CRM/ERP software.
- Ability to work independently and as part of a team.
- Strong analytical and problem-solving skills.

Contact 9289350469

**Job Types**: Full-time, Permanent

Pay: ₹25,000.00 - ₹40,000.00 per month

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift
- Morning shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

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