Purchase Executive

14 hours ago

Delhi Delhi, India K.R. Mangalam University Full time

**Job Category**:Non - Faculty

**Job Type**:Full Time

**Required Experience**:1-2 Years

**Job Location**:Delhi/NCR

**Job Title**: Purchase Executive

**Location**: K.R. Mangalam Head Office

**Job Summary**:
**Key Responsibilities**:
- Sourcing and Procurement: Identify, evaluate, and select suppliers and vendors to fulfill the companys purchasing needs for raw materials, products, and services.- Purchase Orders: Create, process, and manage purchase orders (POs), ensuring timely delivery and adherence to company specifications.- Vendor Management: Build and maintain strong relationships with current and new suppliers, ensuring reliable and cost-effective supply chains.- Negotiation: Negotiate pricing, terms, and delivery schedules with suppliers to achieve the best value for the company.- Inventory Management: Monitor inventory levels to ensure there are no shortages or overstock situations. Coordinate with the warehouse team to ensure accurate stock levels.- Quality Control: Ensure that purchased materials meet the companys quality standards and specifications.- Record Keeping: Maintain accurate and up-to-date records of all purchasing activities, including purchase orders, receipts, invoices, and vendor communications.- Market Research: Conduct market research to identify new suppliers, products, and cost-saving opportunities.- Budget Management: Track and report purchasing expenditures to ensure alignment with the budget.

**Qualifications**:
- Bachelors degree in business administration, Supply Chain Management, or a related field.- Experience in a purchasing or procurement role, ideally in a similar industry.- Strong knowledge of procurement processes, vendor management, and supply chain operations.- Excellent negotiation, communication, and interpersonal skills.- Proficient in MS Office (Excel, Word, PowerPoint) and purchasing software or ERP systems.- Strong attention to detail, organizational skills, and the ability to manage multiple tasks simultaneously.

**Desirable Skills**:
- Experience with ERP systems such as SAP, Oracle, or others.- Knowledge of market trends, supply chain risks, and cost-saving techniques.- Strong problem-solving skills and the ability to think critically and strategically.

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