Purchase Executive
9 hours ago
**We are hiring for Purchase Executive in Retail (Wholesale) Industries**
**Job Summary**:
**Key Responsibilities**:
- Source and evaluate new suppliers/vendors and maintain strong working relationships.
- Negotiate pricing, credit terms, and delivery timelines to ensure cost-effectiveness.
- Prepare and issue accurate purchase orders based on inventory requirements and sales forecasts.
- Monitor supplier performance, product quality, and delivery schedules.
- Coordinate with warehouse, inventory, and sales teams to manage stock levels efficiently.
- Conduct market research to stay updated on product trends and price fluctuations.
- Maintain accurate procurement records, vendor contracts, and price lists.
- Ensure compliance with company procurement policies and relevant legal regulations.
- Assist in planning for seasonal procurement and promotional activities.
- Generate regular reports on purchasing metrics, cost savings, and supplier performance.
**Qualifications**:
- Bachelors degree in Supply Chain Management, Business Administration, or a related field.
- 2-4 years of experience in procurement or purchasing, preferably in the retail industry.
- Knowledge of supply chain procedures and vendor management best practices.
- Proficiency in MS Excel, ERP systems, and procurement software.
- Strong negotiation, analytical, and communication skills.
- Ability to work under pressure and handle multiple priorities.
**Preferred Skills**:
- Familiarity with retail inventory systems and POS data analysis.
- Experience in handling imports or sourcing from multiple regions (if applicable).
Knowledge of product categories relevant to the company’s retail offerings
**Job Types**: Full-time, Permanent
Pay: ₹13,000.00 - ₹30,000.00 per month
**Benefits**:
- Leave encashment
Schedule:
- Day shift
Supplemental Pay:
- Overtime pay
Work Location: In person
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