Welder/fabricator
1 week ago
**Job Summary**:
The Purchase Executive is responsible for sourcing, negotiating, and procuring goods and services required by the company while ensuring quality, cost-effectiveness, and timely delivery. The role involves vendor management, purchase order processing, inventory monitoring, and coordination with internal departments to meet business needs.
**Key Responsibilities:1. Procurement & Sourcing**:
- Identify and evaluate potential suppliers based on price, quality, and delivery speed.
- Negotiate contracts, pricing, and payment terms with vendors.
- Ensure the procurement of materials and services aligns with company requirements.
- Source alternative suppliers to mitigate risks and reduce costs.
**2. Purchase Order Management**:
- Create and process purchase orders (POs) accurately and efficiently.
- Track orders and ensure timely delivery of goods and services.
- Resolve any discrepancies between POs, invoices, and received materials.
**3. Vendor & Supplier Management**:
- Maintain strong relationships with existing suppliers and develop new vendor partnerships.
- Evaluate supplier performance based on key performance indicators (KPIs).
- Ensure compliance with company policies and supplier agreements.
**4. Cost & Inventory Control**:
- Monitor inventory levels to avoid overstocking or shortages.
- Work with the finance department to manage budgets and control costs.
- Optimize procurement strategies to improve efficiency and reduce expenses.
**5. Compliance & Documentation**:
- Maintain accurate procurement records and documentation.
- Ensure all purchases comply with company policies and legal requirements.
- Keep updated with market trends, pricing, and new suppliers.
**Required Qualifications & Skills:Education**:
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
**Experience**:
- 2-5 years of experience in procurement, purchasing, or supply chain management.
**Skills**:
- Strong negotiation and communication skills.
- Knowledge of procurement best practices and sourcing strategies.
- Familiarity with inventory management and supplier evaluation.
- Proficiency in MS Office (Excel, Word) and procurement software (SAP, ERP, etc.).
- Ability to work under pressure and meet deadlines.
- Strong analytical and problem-solving abilities.
**Preferred Qualifications**:
- Certification in Procurement/Supply Chain Management (e.g., CIPS, CPSM) is a plus.
- Experience in a specific industry (manufacturing, retail, healthcare, etc.) is preferred.
**Job Types**: Full-time, Permanent
Pay: ₹15,000.00 - ₹30,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Health insurance
- Internet reimbursement
- Paid sick time
- Provident Fund
Schedule:
- Day shift
- Weekend availability
Supplemental Pay:
- Performance bonus
- Yearly bonus
**Experience**:
- Stick welding: 2 years (preferred)
Work Location: In person
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