Purchase Executive
2 days ago
**Job Title**: Purchase Executive
**Job Summary**
The Purchase Executive is responsible for managing the procurement process, from supplier identification to contract management, ensuring cost-effective acquisition of goods and services while maintaining quality standards and supporting business operations. They play a crucial role in optimizing supply chain efficiency and contributing to organizational profitability.
**Key Responsibilities**
- Source, evaluate, and negotiate with suppliers to obtain the best value for goods and services
- Manage purchase orders, delivery schedules, and supplier performance metrics
- Conduct market research and supplier analysis to identify cost-saving opportunities
- Maintain accurate procurement records and ensure compliance with company policies
- Collaborate with internal departments to understand procurement requirements and specifications
- Build and maintain strong supplier relationships while managing contracts and agreements
- Monitor inventory levels and implement strategies to optimize stock management
- Analyze spending patterns and implement cost reduction initiatives
**Skills and Qualifications**
**Technical Skills**
- Proficiency in procurement software and ERP systems (SAP, Oracle, etc.)
- Advanced Microsoft Excel skills for data analysis and reporting
- Knowledge of supply chain management principles and best practices
- Understanding of contract law, negotiation techniques, and vendor management
- Familiarity with quality management systems and compliance requirements
**Communication and Interpersonal Skills**
- Excellent negotiation and relationship-building abilities
- Strong written and verbal communication skills for supplier interactions
- Ability to present procurement strategies and recommendations to management
- Cross-functional collaboration skills with internal stakeholders
**Analytical and Problem-Solving Skills**
- Strong analytical thinking for supplier evaluation and cost analysis
- Ability to identify and resolve supply chain issues and bottlenecks
- Data-driven decision-making capabilities for procurement optimization
- Critical thinking skills for risk assessment and mitigation
**Educational Qualifications**
- Bachelor’s degree in Business Administration, Supply Chain Management, or related field
- Professional certifications such as CPIM, CPSM, or APICS (preferred)
- Additional qualifications in procurement, logistics, or operations management
**Experience**
- 2-4 years of experience in procurement, purchasing, or supply chain management
- Experience with supplier negotiations, contract management, and vendor relations
- Background in relevant industry sectors (manufacturing, retail, healthcare, etc.)
*
- **Job Types**: Full-time, Permanent
- **Salary**: ₹20,000.00 - ₹25,000 per month
- **Schedule**: Day shift
- **Supplemental pay types**: Yearly bonus
- **Language** : English, Hindi
- **Ability to Relocate**: Mohali, Punjab: Relocate before starting work (required)
- **Work Location**: In person
- **Speak with the employe**r +91 9875913163
**Job Types**: Full-time, Permanent
Pay: ₹20,000.00 - ₹25,000.00 per month
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