
Purchase Executive
21 hours ago
**Position Overview**:
**Key Responsibilities**:
- **Vendor Management**:
- Identify and evaluate potential suppliers.
- Negotiate contracts, pricing, and terms with vendors.
- Maintain relationships with existing suppliers to ensure quality and timely delivery.
- **Procurement Process**:
- Analyse purchase requisitions and determine appropriate purchasing methods.
- Process purchase orders accurately and ensures they are approved in a timely manner.
- Monitor inventory levels and manage reorder points.
- **Market Research**:
- Conduct market research to identify trends and new suppliers.
- Evaluate market conditions to forecast purchasing needs and costs.
- **Cost Management**:
- Analyse and compare supplier quotes and proposals to ensure cost-effectiveness.
- Assist in budget preparation and monitor expenses related to procurement.
- **Compliance and Reporting**:
- Ensure compliance with company policies and procedures related to purchasing.
- Prepare reports on purchasing activities, supplier performance, and market trends.
**Qualifications**:
- **Education**:
- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- **Experience**:
- 2-3 years of experience in procurement or purchasing, preferably in [Manufacturing].
- **Skills**:
- Strong negotiation and communication skills.
- Proficient in Microsoft Office Suite and procurement software.
- Excellent analytical and problem-solving abilities.
- Ability to work collaboratively in a team environment.
- **Knowledge**:
- Understanding of supply chain management principles.
- Familiarity with contract law and purchasing regulations.
Pay: ₹25,000.00 - ₹30,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Fixed shift
- Morning shift
Work Location: In person
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