Purchase Executive

6 days ago

Mumbai, India D R Coat and Resins Full time

**PURCHASE EXECUTIVE**

**Location - Malad West,Mumbai**

**Responsibilities**:
Vendor Management: Identify and develop relationships with reliable suppliers and manufacturers of synthetic resins, chemicals, and raw materials. Negotiate favorable terms and conditions to ensure cost-effectiveness and timely delivery.

Procurement: Collaborate with internal stakeholders to understand the company's requirements for coating, printing ink, adhesive, and construction chemicals. Plan and execute procurement strategies to meet production demands while adhering to budgetary constraints.

Cost Optimization: Implement strategies to optimize procurement costs without compromising on the quality and timely delivery of materials. Regularly review and analyze supplier performance to identify cost-saving opportunities.

Supply Chain Coordination: Work closely with the production and logistics teams to ensure smooth and efficient supply chain operations. Monitor inventory levels and coordinate with suppliers to prevent stockouts and minimize excess inventory.

Quality Assurance: Ensure that all purchased materials meet the required quality standards and comply with industry regulations. Conduct supplier audits and inspections when necessary to maintain product quality.

Contract Management: Draft and review contracts with suppliers, outlining terms of payment, delivery schedules, and other relevant provisions. Monitor compliance with contractual agreements and address any deviations proactively.

Market Research: Stay up-to-date with market trends, industry developments, and technological advancements in the synthetic resin industry. Use this knowledge to make informed purchasing decisions and explore new supplier options.

Risk Management: Identify potential risks in the supply chain and develop mitigation strategies to minimize disruptions to the procurement process.

Qualifications and Experience:

- Bachelor's degree in Business, Supply Chain Management, Chemistry, or a related field.
- Proven experience between 4 to 5 years as a Purchase Executive or in a similar procurement role within the synthetic resin industry, preferably catering to printing ink, adhesive, and construction chemical companies.
- Strong negotiation skills and the ability to build and maintain strong relationships with suppliers.
- In-depth knowledge of synthetic resin materials, chemicals, and related products used in the printing ink, adhesive, and construction industries.
- Familiarity with procurement software and systems to manage purchasing processes efficiently.
- Excellent analytical and problem-solving abilities to optimize procurement processes and reduce costs.
- Effective communication skills, both written and verbal, to interact with internal teams and external suppliers.

Join our team and play a crucial role in ensuring a seamless procurement process that supports our company's growth and success in the synthetic resin industry.

**Company Profile**:
**Salary**: ₹350,000.00 - ₹450,000.00 per year

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Yearly bonus

Application Question(s):

- what is your current ctc - expected ctc and joining date?
- are you having experience of the relevant industries?

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 4 years (preferred)

Ability to Commute:

- Mumbai, Maharashtra (preferred)

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