
Store & Purchase Executive
3 days ago
**Key Responsibilities**:
- **Procurement Planning**:
- Develop procurement strategies based on production plans and inventory levels.
- Forecast material requirements and initiate purchase requisitions accordingly.
- Ensure just-in-time procurement to avoid excess inventory or stockouts.
- **Vendor Development & Management**:
- Identify, evaluate, and qualify new suppliers.
- Maintain relationships with existing vendors for reliable and quality supplies.
- Conduct vendor audits and performance reviews.
- **Negotiation & Cost Control**:
- Negotiate prices, terms, and contracts with suppliers.
- Identify cost-saving opportunities without compromising quality.
- Monitor market trends and make strategic sourcing decisions.
- **Order Management & Follow-up**:
- Issue purchase orders and ensure timely order confirmations.
- Track order status and follow up on timely deliveries.
- Coordinate with stores and production for material receipts and shortages.
- **Documentation & Compliance**:
- Maintain accurate records of purchase orders, quotations, agreements, and invoices.
- Ensure compliance with procurement policies and statutory requirements.
- Support audits by providing necessary documentation and clarifications.
- **Team & System Management**:
- Supervise and guide the procurement team.
- Ensure effective use of ERP systems for purchase tracking and reporting.
- Implement process improvements for better efficiency.
Pay: ₹12,000.00 - ₹12,900.00 per month
Schedule:
- Day shift
Work Location: In person
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