Purchase Executive
4 days ago
**Key Responsibilities**:
- **Procurement Management**:
- Identify and evaluate suppliers, negotiate prices, and secure contracts that align with the company's needs and budget.
- Source high-quality materials, equipment, and services while maintaining cost-effectiveness.
- **Vendor Relationship Management**:
- Build and maintain strong relationships with suppliers and vendors to ensure reliable and consistent supply.
- Monitor supplier performance and address any issues to maintain quality and delivery standards.
- **Inventory and Stock Control**:
- Collaborate with the inventory team to monitor stock levels and plan purchases accordingly.
- Ensure that supplies are replenished promptly to avoid shortages or overstocking.
- **Documentation and Compliance**:
- Prepare and maintain accurate records of purchases, contracts, and supplier agreements.
- Ensure compliance with company policies, industry standards, and legal requirements.
- **Cost Analysis and Budgeting**:
- Conduct cost analyses and prepare budget forecasts for procurement activities.
- Identify opportunities for cost reduction without compromising quality.
- **Market Research and Trend Analysis**:
- Stay updated on market trends, pricing, and new product developments.
- Recommend alternatives to improve efficiency and cost-effectiveness.
Pay: ₹25,000.00 - ₹45,000.00 per month
**Benefits**:
- Paid time off
- Provident Fund
Schedule:
- Day shift
Supplemental Pay:
- Performance bonus
- Yearly bonus
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 3 years (preferred)
Work Location: In person
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