Purchase Officer

19 hours ago

Jaipur, India MyDaddy Microtech Full time

As a Purchasing Executive, your role is to ensure the efficient and cost-effective procurement of goods and services required by the organization. You will be responsible for managing the entire procurement process, including vendor selection, negotiation, purchasing, and inventory management. Your goal is to source high-quality products at competitive prices, while maintaining strong relationships with suppliers and meeting the organization's needs.

**Key Responsibilities**:
**Vendor Selection and Management**:
(a)Identify and evaluate potential suppliers based on quality, price, delivery, and service.
(b)Negotiate contracts, terms, and conditions with suppliers to achieve favorable pricing and contractual agreements.
(c)Monitor supplier performance, resolve issues, and maintain positive relationships.

**Purchase Order Processing**:
(a)Review purchase requisitions and ensure accuracy, completeness, and compliance with organizational policies and procedures.
(b)Prepare and issue purchase orders to selected suppliers.
(c)Monitor delivery schedules and expedite orders as necessary to meet project deadlines or operational requirements.

**Price and Contract Negotiation**:
(a)Conduct price analysis and negotiate competitive pricing with suppliers.
(b)Collaborate with internal stakeholders to understand their requirements and ensure cost-effective purchasing decisions.
(c)Secure favorable contract terms, including payment terms, warranties, and service level agreements.

**Inventory Management**:
(a)Develop and implement inventory management strategies to optimize stock levels, minimize excess inventory, and reduce carrying costs.
(b)Coordinate with warehouse personnel to ensure timely receipt, inspection, and storage of purchased items.
(c)Monitor stock levels, initiate reordering processes, and ensure availability of critical supplies.

**Market Research and Analysis**:
(a)Stay up-to-date with market tr ends, new products, and emerging technologies relevant to the organization's needs.
(b)Conduct market research and analysis to identify potential suppliers and opportunities for cost savings or process improvements.
(c)Provide recommendations to management for strategic sourcing and procurement decisions.

Qualifications and Skills:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field (or equivalent experience).
- Proven experience in procurement, purchasing, or supply chain management.
- Strong negotiation and vendor management skills.
- Excellent analytical and problem-solving abilities.

**Salary**: ₹15,000.00 - ₹20,000.00 per month

Schedule:

- Day shift

Application Question(s):

- Proven experience as Purchasing Officer

**Speak with the employer**
+91 9057800958

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