Purchase Executive

**Job Summary**:
We are seeking a highly motivated and detail-oriented **female** Purchase Executive to join our team. The Purchase Executive will be responsible for procuring goods and services essential for our business operations, ensuring cost-effectiveness, quality, and timely delivery. This role involves strategic sourcing, vendor management, negotiation, and maintaining strong supplier relationships.

**Responsibilities**:

- **Sourcing and Vendor Identification**: Research and identify potential suppliers for various goods and services based on quality, price, reliability, and other critical factors.
- **Vendor Evaluation and Selection**: Evaluate supplier capabilities, conduct due diligence, and recommend the most suitable vendors.
- **Negotiation**: Lead negotiations with suppliers to secure favorable prices, payment terms, contracts, and service agreements.
- **Purchase Order Processing**: Prepare and issue purchase orders accurately and efficiently, ensuring all specifications and requirements are clearly communicated.
- **Supplier Relationship Management**: Build and maintain strong, collaborative relationships with key suppliers, acting as the primary point of contact for procurement-related matters.
- **Inventory Monitoring (if applicable)**: Track inventory levels of purchased goods, anticipate future needs, and ensure timely procurement to meet demand.
- **Cost Analysis and Savings**: Analyze purchase data, identify cost-saving opportunities, and implement strategies to optimize procurement spending.
- **Quality Coordination**: Collaborate with quality assurance teams to ensure that purchased materials and services meet the required quality standards.
- **Logistics and Delivery Follow-up**: Monitor the status of orders, coordinate with suppliers and internal teams to ensure timely delivery, and resolve any discrepancies.
- **Documentation and Compliance**: Maintain accurate and organized procurement records, ensuring compliance with company policies and relevant regulations.
- **Market Research**: Stay informed about market trends, price fluctuations, and new suppliers or products within relevant categories.
- **Internal Collaboration**: Work closely with other departments (e.g., Production, Finance, Logistics) to understand their procurement needs and ensure alignment.

**Qualifications and Skills**:

- **Education**: Bachelor's degree in Business Administration, Supply Chain Management, Economics, or a related field.
- **Experience**: 1-3 years of proven experience in a purchasing or procurement role.
- **Negotiation Expertise**: Demonstrated ability to negotiate effectively and achieve cost-efficient procurement outcomes.
- **Communication Proficiency**: Excellent written and verbal communication skills for effective interaction with suppliers and internal stakeholders.
- **Analytical Acumen**: Strong analytical skills to interpret data, identify trends, and make informed purchasing decisions.
- **Organizational Prowess**: Exceptional organizational and time-management skills to manage multiple priorities and meet deadlines.
- **Attention to Detail**: High level of accuracy and attention to detail in all procurement processes.
- **Problem-Solving Abilities**: Ability to identify and resolve procurement-related challenges efficiently.
- **Technical Familiarity**: Proficiency in using procurement software, ERP systems, and Microsoft Office Suite (especially Excel).
- **Industry Awareness**: Knowledge of relevant industry best practices and market dynamics.
- **Ethical Standards**: Commitment to maintaining high ethical standards in all procurement activities.

Pay: ₹30,000.00 - ₹35,000.00 per month

Schedule:

- Day shift

Work Location: In person