Purchase Executive

13 hours ago

Delhi Delhi, India VASA DENTICITY LIMITED Full time

**Job Title**: Purchase Executive

**Location**: Chattarpur, Delhi

**Department**: Procurement/Purchasing

**Reports To**: Purchase Manager/Supply Chain Manager

**Job Summary**: We are seeking a detail-oriented and proactive Purchase Executive to join our procurement team. The Purchase Executive will be responsible for sourcing, negotiating, and purchasing materials, supplies, and equipment necessary for our company's operations. This role requires strong analytical skills, excellent communication abilities, and a thorough understanding of procurement processes.

**Key Responsibilities**:

- **Vendor Management**:

- Identify and evaluate potential suppliers.
- Develop and maintain strong relationships with vendors.
- Negotiate terms, pricing, and contracts with suppliers.
- Monitor supplier performance and resolve any issues or discrepancies.
- **Procurement Process**:

- Process purchase orders and ensure timely delivery of goods.
- Maintain accurate records of purchases, pricing, and other relevant data.
- Conduct market research to identify new suppliers and product trends.
- Collaborate with other departments to determine procurement needs and specifications.
- **Inventory Management**:

- Monitor inventory levels and coordinate with the inventory team to ensure stock availability.
- Forecast supply and demand to prevent overstocking and running out-of-stock.
- Conduct regular inventory audits and reconcile any discrepancies.
- **Cost Control**:

- Analyze market trends to identify cost-saving opportunities.
- Implement strategies to reduce procurement costs without compromising quality.
- Prepare and submit cost analysis reports and purchase reports to management.
- **Compliance**:

- Ensure compliance with company policies, procedures, and regulatory requirements.
- Maintain up-to-date knowledge of industry trends, market conditions, and regulatory changes.

**Qualifications**:

- Bachelor's degree in Business Administration, Supply Chain Management, or related field.
- Proven experience as a Purchase Executive or in a similar role.
- Strong understanding of procurement processes and vendor management.
- Excellent negotiation, communication, and interpersonal skills.
- Proficiency in Microsoft Office Suite and procurement software.
- Analytical mindset with strong problem-solving abilities.
- Ability to work independently and as part of a team.
- High attention to detail and organizational skills.

**Preferred Qualifications**:

- Certification in Supply Chain Management or Procurement (e.g., CPSM, CIPS).
- Experience in the [specific industry or field relevant to the company].

**Working Conditions**:

- This position may require occasional travel to meet with suppliers or attend industry events.
- Standard office environment with occasional requirements to visit warehouse or production facilities.

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