Purchase Executive

7 days ago

Jubilee Hills Hyderabad Telangana, India Tera Software Limited Full time

**Job Summary**:
**Key Responsibilities**:

- Source, evaluate, and negotiate with vendors and suppliers to ensure quality, cost-effectiveness, and timely delivery of materials.
- Issue purchase orders and ensure accurate documentation and records of purchases.
- Track orders and ensure timely delivery and follow-up with suppliers on delays or issues.
- Maintain updated records of purchased products, delivery information, and invoices.
- Coordinate with internal departments (inventory, finance, production, etc.) to assess supply needs and ensure alignment with organizational goals.
- Monitor stock levels and place orders as needed to maintain inventory without overstocking.
- Evaluate supplier performance and develop improvement strategies for underperforming vendors.
- Ensure compliance with company procurement policies and legal regulations.
- Assist in the development and implementation of purchasing strategies.

**Requirements**:

- **Education**: Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- **Experience**: 1-3 years of experience in a purchasing or procurement role. Experience in [industry-specific] procurement is a plus.
- **Skills**:

- Strong negotiation and communication skills.
- Proficient in MS Office, especially Excel; knowledge of ERP systems (e.g., SAP, Oracle, Tally, etc.) is an advantage.
- Attention to detail and organizational skills.
- Ability to work independently and as part of a team.
- Time management and the ability to handle multiple priorities.

Pay: ₹15,000.00 - ₹30,000.00 per month

**Benefits**:

- Provident Fund

Work Location: In person

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