Purchasing Department

3 days ago

Noida Sector Noida Uttar Pradesh, India Galaxy Online Power Systems Private Limited Full time

**Purchasing Department (Male )**

The **Purchasing Department** (also known as the Procurement Department) is responsible for managing the acquisition of products, services, and supplies for an organization. This department ensures that the company has the right materials and services at the right time, in the right quantity, and at the best possible price.

**Key Responsibilities of the Purchasing Department**:

- **Vendor Management**:

- Identifying, selecting, and negotiating with suppliers and vendors.
- Maintaining relationships with vendors to ensure quality products and timely deliveries.
- Reviewing vendor contracts and terms to ensure compliance and cost-effectiveness.
- **Order Placement and Tracking**:

- Issuing purchase orders to suppliers based on the needs of the company.
- Tracking and monitoring the status of orders and deliveries.
- Ensuring that materials or products are delivered on time and meet quality standards.
- **Inventory Management**:

- Maintaining adequate inventory levels to avoid production delays while minimizing excess stock.
- Monitoring and managing stock levels and placing orders to replenish inventory as needed.
- **Budget Management and Cost Control**:

- Managing the purchasing budget and ensuring that expenditures remain within the allocated limits.
- Identifying cost-saving opportunities and recommending alternative suppliers or products.
- **Quality Assurance**:

- Ensuring that purchased goods and services meet the company’s quality standards.
- Handling returns or disputes with suppliers for defective or subpar products.
- **Procurement Planning**:

- Forecasting purchasing needs based on company requirements and project timelines.
- Collaborating with other departments (e.g., Operations, Finance, and Sales) to align purchasing with business objectives.
- **Compliance and Documentation**:

- Ensuring that all purchasing activities comply with company policies and industry regulations.
- Maintaining detailed records of purchases, contracts, invoices, and supplier communications for audit and reporting purposes.

**Common Roles in the Purchasing Department**:

- **Purchasing Manager/Head of Procurement**: Oversees the department, sets strategic goals, and ensures efficient procurement processes.
- **Procurement Specialist/Buyer**: Manages day-to-day purchasing activities, supplier relationships, and order management.
- **Purchasing Assistant**: Provides administrative support to the department, such as processing purchase orders and maintaining supplier records.
- **Inventory Control Specialist**: Manages inventory levels and ensures proper stock management.

**Skills and Qualifications**:

- Strong negotiation and communication skills.
- Knowledge of procurement processes and vendor management.
- Familiarity with procurement software and inventory management tools.
- Attention to detail and the ability to manage multiple tasks.
- A degree in Supply Chain Management, Business Administration, or a related field is often preferred.

Pay: ₹15,000.00 - ₹20,000.00 per month

**Benefits**:

- Cell phone reimbursement

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 2 years (preferred)

Work Location: In person

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