Purchase Assistant

18 hours ago

Delhi Delhi, India Flora Steels Pvt. Ltd. Full time

**Job Summary**:
The Purchase Executive will be responsible for managing and streamlining procurement activities to ensure cost-effective and timely purchasing of quality materials, goods, and services. The role involves vendor management, negotiating contracts, maintaining purchase records, and ensuring adherence to company policies and standards.

**Key Responsibilities**:

- **Procurement Management**:

- Source and procure raw materials, goods, and services required for production and operations.
- Ensure timely delivery of materials to avoid operational delays.
- **Vendor Management**:

- Identify, evaluate, and negotiate with suppliers to establish competitive pricing and quality terms.
- Maintain relationships with existing suppliers and develop new vendor partnerships.
- **Cost Control and Budgeting**:

- Negotiate prices, terms, and contracts to achieve cost savings.
- Monitor purchasing budgets and reduce unnecessary expenditure.
- **Inventory Management**:

- Coordinate with the warehouse and production team to maintain optimal inventory levels.
- Conduct periodic stock audits and resolve discrepancies.
- **Documentation and Compliance**:

- Maintain accurate records of purchases, contracts, and vendor performance.
- Ensure compliance with company policies, quality standards, and legal requirements.
- **Market Research**:

- Stay updated on market trends, pricing, and product developments.
- Identify opportunities for cost-saving through alternate sourcing or improved procurement strategies.
- **Reporting**:

- Prepare and present regular procurement reports and analytics to the management.

**Qualifications and Skills**:

- **Education**: Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- **Experience**: 2+ years of experience in a similar role.
- **Technical Skills**: Proficiency in procurement software, Microsoft Office Suite (Excel, Word, PowerPoint), Busy or Tally
- **Interpersonal Skills**: Strong negotiation, communication, and relationship management skills.
- **Analytical Skills**: Ability to analyze market trends, supplier performance, and cost-effectiveness.
- **Attention to Detail**: Accuracy in documentation and adherence to compliance standards.
- **Time Management**: Ability to prioritize and manage multiple tasks efficiently.

**Benefits**:

- Competitive salary.
- Opportunities for professional growth and development.

Pay: ₹18,000.00 - ₹23,000.00 per month

Schedule:

- Day shift

Supplemental Pay:

- Yearly bonus

**Experience**:

- total work: 1 year (required)

Work Location: In person

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