Purchase/procurement Executive
6 days ago
**KEY RESPONSIBILITIES**:
**Nesting is Must/AutoCAD/Solid works Software must**
**From : Mechanical Background**
**Min Experience : 2/3 Years relevant experience from Steel/Iron Industry**
**Duties and Responsibilities**:
**Supplier Sourcing and Selection**:
- Identify potential suppliers and conduct market research to assess their capabilities, reliability, and pricing.
- Evaluate and compare supplier proposals, negotiate terms, and select the most suitable suppliers based on quality, price, and delivery time.
- Build and maintain a database of approved suppliers, ensuring a diverse and reliable supply base.
**Contract Negotiation and Management**:
- Negotiate and finalize contracts with suppliers, including pricing, delivery terms, and service-level agreements.
- Ensure contracts comply with legal and organizational requirements.
- Monitor contract performance and address any issues or disputes that arise.
- Identify opportunities for contract renegotiation or consolidation to achieve cost savings.
- Purchase Order Processing and Documentation:
- Generate purchase orders based on approved requisitions and ensure accuracy of order details, specifications, and pricing.
- Coordinate with internal stakeholders to obtain necessary approvals for purchase orders.
- Maintain proper documentation and records of procurement activities, including purchase orders, invoices, and contracts.
**Supplier Relationship Management**:
- Develop and maintain strong relationships with suppliers to ensure a reliable supply chain and resolve any issues or concerns.
- Conduct regular supplier performance evaluations and provide feedback to vendors.
- Collaborate with suppliers to improve processes, reduce costs, and enhance quality.
**Inventory Management**:
- Coordinate with inventory and warehouse teams to ensure optimal stock levels.
- Monitor inventory levels and initiate replenishment orders as needed.
- Implement inventory control measures to minimize stockouts and excess inventory.
**Budgeting and Cost Control**:
- Collaborate with the finance department to develop procurement budgets and cost forecasts.
- Identify cost-saving opportunities and implement strategies to reduce procurement expenses without compromising quality.
**Qualifications and Skills**:
- Bachelor's degree in mechanical, supply chain management, or a related field.
- Proven experience in procurement, purchasing, or supply chain management.
- Strong negotiation and contract management skills.
- Excellent analytical and problem-solving abilities.
- Proficiency in using procurement software and tools.
- Sound knowledge of procurement best practices, market trends, and legal regulations.
- Strong communication and interpersonal skills.
- Ability to work in a fast-paced environment and manage multiple priorities.
- Attention to detail and strong organizational skills.
Location : Chandigarh
Job Type : Full Time
**Salary**: From ₹25,000.00 per month
Ability to commute/relocate:
- Chandigarh, Chandigarh: Reliably commute or willing to relocate with an employer-provided relocation package (required)
**Education**:
- Bachelor's (required)
**Experience**:
- total work: 2 years (required)
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