Purchase Executive

3 days ago

Salt Lake Kolkata West Bengal, India Ms. Blue Core Services & Co. Full time

Vendor Management: Identifying, evaluating, and selecting suppliers or vendors. Maintaining good relationships with existing suppliers and negotiating terms and conditions to secure the best possible deals.
- Sourcing and Procurement: Sourcing products, materials, or services required by the company. This involves researching potential suppliers, obtaining quotes, and making informed purchasing decisions.
- Cost Analysis: Analyzing costs, market trends, and product/service quality to make cost-effective purchasing decisions. This includes conducting cost-benefit analysis and finding ways to reduce procurement costs.
- Quality Assurance: Ensuring that the purchased goods or services meet the required quality standards. This involves setting and monitoring quality benchmarks and handling quality-related issues with suppliers.
- Inventory Management: Managing inventory levels to avoid overstocking or stockouts. This includes forecasting demand, monitoring stock levels, and optimizing inventory turnover.
- Negotiation: Negotiating terms and conditions, including price, delivery schedules, and payment terms, with suppliers to secure favorable agreements for the company.
- Purchase Order Management: Creating and managing purchase orders, tracking deliveries, and ensuring that orders are fulfilled correctly and on time.
- Budgeting and Cost Control: Managing and adhering to budgets allocated for procurement activities. Controlling costs and finding ways to reduce expenses while maintaining quality.
- Market Research: Staying informed about market trends, supplier performance, and industry developments. This information helps in making informed purchasing decisions.
- Compliance: Ensuring that all procurement activities adhere to relevant laws, regulations, and company policies, including ethical and environmental standards.
- Risk Management: Identifying and mitigating potential risks in the supply chain, such as supply disruptions, quality issues, or regulatory changes.
- Documentation: Maintaining accurate records of all procurement-related activities, contracts, and vendor communications.
- Supplier Audits: Conducting supplier audits and evaluations to assess performance and compliance with contractual agreements.
- Cost Reduction Initiatives: Identifying opportunities for cost reduction and implementing strategies to achieve cost savings while maintaining product or service quality.
- Sustainability and Social Responsibility: Promoting and implementing sustainable and socially responsible procurement practices, including sourcing from environmentally friendly suppliers and those who adhere to fair labor practices.
- Collaboration: Collaborating with other departments within the organization, such as production, logistics, and finance, to ensure a seamless procurement process that meets the company's needs.

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

Pay: ₹20,000.00 - ₹25,000.00 per month

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Yearly bonus

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 5 years (required)

Work Location: In person

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