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Purchase Executive

2 weeks ago

Kukatpally Hyderabad Telangana, India Traumbuild Andesinfra Solutions Private Limited Full time

**Job Summary**

The Purchase Executive is responsible for sourcing and purchasing materials, goods, and services necessary for the organization. The role involves negotiating with suppliers, managing vendor relationships, ensuring cost-effectiveness, and maintaining an uninterrupted supply chain while adhering to quality and compliance standards.

**Key Responsibilities**
- **Vendor Management**:

- Identify and develop relationships with reliable suppliers.
- Evaluate vendor performance based on quality, pricing, and delivery timelines.
- Maintain a database of suppliers and negotiate contracts for long-term partnerships.
- **Procurement Activities**:

- Source materials, equipment, and services based on project or operational requirements.
- Obtain and analyze quotations from vendors to ensure competitive pricing.
- Process purchase orders and ensure timely delivery of goods/services.
- **Cost Control**:

- Monitor budgets and maintain cost-effectiveness in procurement activities.
- Conduct market research to understand pricing trends and alternative sourcing options.
- **Quality Assurance**:

- Ensure all purchased goods and services meet the company’s quality and compliance standards.
- Coordinate with the Quality Control team to address and resolve any discrepancies.
- **Inventory Management**:

- Collaborate with inventory and warehouse teams to track stock levels.
- Forecast demand and plan purchases to avoid overstocking or shortages.
- **Documentation & Reporting**:

- Maintain accurate records of purchases, suppliers, and inventory levels.
- Prepare periodic procurement reports for management review.
- **Compliance & Risk Management**:

- Ensure all procurement activities comply with legal, regulatory, and company policies.
- Assess risks related to supplier reliability, quality, and costs.

Pay: ₹20,000.00 - ₹35,000.00 per month

**Benefits**:

- Health insurance
- Paid sick time
- Provident Fund

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- Purchasing: 3 years (preferred)

Work Location: In person

Application Deadline: 20/01/2025
Expected Start Date: 20/01/2025