Purchase Executive
11 hours ago
**Job Title**:Purchase Executive
**Company**: Interface Digital Solution Pvt. Ltd.
**About the Company**: Established in 1995 with offices in India, Interface Digital specializes in providing a wide range of services to meet your business automation needs.
1. Supplier Management:
- Identify and evaluate potential suppliers, including conducting supplier assessments and negotiating contracts and terms.
- Build and maintain strong relationships with suppliers to ensure competitive pricing, quality products, and reliable delivery.
- Monitor supplier performance and address any issues or concerns, such as late deliveries or quality discrepancies.
2. Procurement Process:
- Develop and implement procurement strategies to meet the organization's needs while optimizing costs and minimizing risks.
- Generate purchase orders based on approved requisitions and ensure timely processing and approval.
- Coordinate with internal stakeholders, such as department heads, to understand their requirements and preferences.
3. Negotiation and Cost Management:
- Negotiate favorable terms and pricing with suppliers to achieve cost savings and maximize value for the organization.
- Analyze price proposals, financial reports, and other data to assess the competitiveness of offers and make informed decisions.
- Implement cost-saving initiatives, such as bulk purchasing, vendor consolidation, and alternative sourcing.
4. Inventory Control:
- Monitor inventory levels and forecast demand to ensure adequate stock levels while minimizing excess inventory and carrying costs.
- Coordinate with warehouse and logistics teams to manage inventory replenishment and optimize storage space utilization.
- Conduct periodic inventory audits and reconcile discrepancies to maintain accuracy in inventory records.
5. Compliance and Documentation:
- Ensure compliance with procurement policies, procedures, and regulatory requirements.
- Maintain accurate records of procurement transactions, including purchase orders, contracts, and supplier agreements.
- Collaborate with legal and finance teams to review and finalize contracts and agreements as needed.
Pay: ₹20,000.00 - ₹22,000.00 per month
Schedule:
- Day shift
- Night shift
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
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