Purchase Executive

**Procurement & Sourcing**:

- Identify and evaluate potential suppliers and vendors.
- Conduct market research to assess new products, services, and suppliers.
- Negotiate contracts, terms, and prices with suppliers.
- Monitor and manage supplier performance to ensure quality and delivery standards are met.
- **Purchase Order Management**:

- Create and manage purchase orders based on department requirements.
- Ensure timely delivery of purchased items and resolve any delays or issues.
- Track orders and update internal teams on expected delivery dates.
- **Inventory & Stock Control**:

- Monitor inventory levels and manage stock to avoid shortages or overstocking.
- Coordinate with the warehouse and logistics teams for seamless stock management.
- **Budget & Cost Control**:

- Maintain purchasing budgets and strive to reduce costs without compromising quality.
- Analyze and report on purchase expenditures and savings.
- **Supplier Relationship Management**:

- Maintain positive relationships with suppliers and resolve any issues or disputes.
- Evaluate supplier performance periodically based on quality, cost, and delivery.
- **Documentation & Reporting**:

- Maintain accurate records of purchase orders, invoices, and contracts.
- Prepare regular reports on purchasing activities and stock levels for senior management.
- **Vendor Identification & Onboarding**:

- Identify new potential vendors based on company requirements and market trends.
- Conduct vendor research and analysis to assess suitability, capabilities, and performance.
- Onboard new vendors, ensuring they meet all legal, operational, and financial criteria.
- **Vendor Relationship Management**:

- Develop and maintain strong, long-term relationships with key vendors and suppliers.
- Collaborate with vendors to improve performance, quality, and delivery timelines.
- Serve as a primary point of contact between the company and its vendors.
- **Contract Negotiation & Management**:

- Negotiate contracts, pricing, payment terms, and other critical agreements with vendors.
- Review and assess contract terms to ensure favorable conditions for the company.
- Monitor contract compliance and ensure that both parties fulfill their obligations.
- **Vendor Performance & Evaluation**:

- Regularly assess vendor performance based on quality, pricing, reliability, and delivery.
- Conduct vendor audits and evaluations to identify improvement opportunities.
- Develop and implement action plans to address vendor performance issues.
- **Supply Chain Optimization**:

- Analyze supply chain processes and recommend improvements to optimize efficiency and cost.
- Collaborate with internal teams to ensure a smooth and efficient flow of materials and services from vendors.
- Work with logistics and procurement teams to resolve any supply chain disruptions.
- **Market & Industry Research**:

- Stay updated on market trends, new products, and technological advancements in vendor-related industries.
- Analyze competitors and market conditions to identify potential areas for vendor development.
- **Documentation & Reporting**:

- Maintain accurate and up-to-date records of vendor agreements, performance metrics, and correspondence.
- Provide regular reports on vendor performance, new vendor acquisitions, and market conditions to senior management.

Pay: ₹18,000.00 - ₹19,000.00 per month

**Benefits**:

- Food provided
- Provident Fund

Schedule:

- Day shift
- Night shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 4 years (preferred)

Work Location: In person