
Purchase Executive
1 week ago
1. Sourcing and Supplier Management:
- **Identifying and evaluating potential suppliers**:Researching, analyzing, and selecting reliable suppliers based on quality, price, delivery timelines, and other relevant factors.
- **Negotiating contracts and agreements**:Negotiating favorable terms, pricing, and contract conditions with suppliers to ensure the best value for the organization.
- **Developing and maintaining strong supplier relationships**:Building and maintaining positive relationships with key suppliers to ensure smooth operations and long-term partnerships.
- **Monitoring supplier performance**:Tracking supplier performance against agreed-upon standards and addressing any issues or concerns.
2. Procurement Process Management:
- **Creating and managing purchase orders**:Preparing and processing purchase orders accurately and efficiently, ensuring compliance with company policies and procedures.
- **Tracking orders and managing deliveries**:Monitoring the progress of purchase orders, coordinating with suppliers for timely delivery, and managing any delays or issues.
- **Ensuring timely and cost-effective procurement**:Managing the procurement process to ensure materials and services are acquired efficiently and at the best possible cost.
- **Maintaining accurate records**:Keeping detailed records of purchases, pricing, supplier information, and other relevant data.
- **Preparing reports on purchases**:Generating reports on purchasing activities, including cost analyses, and other relevant data.
3. Collaboration and Communication:
- **Collaborating with internal stakeholders**:Working closely with other departments (e.g., production, inventory, finance) to understand their procurement needs and ensure alignment.
- **Communicating effectively with suppliers and internal teams**:Maintaining clear and effective communication channels with both suppliers and internal teams.
4. Compliance and Risk Management:
- **Ensuring compliance with company policies and procedures**:Adhering to all relevant company policies and procedures related to procurement.
- **Ensuring compliance with legal and ethical standards**:Maintaining ethical conduct in all procurement activities and complying with all applicable laws and regulations.
- **Identifying and mitigating potential risks**:Assessing potential risks in the procurement process and implementing strategies to mitigate them.
5. Market Analysis and Cost Optimization:
- **Monitoring market trends and pricing**:Keeping abreast of market trends, pricing fluctuations, and availability of materials and services.
- **Identifying cost-saving opportunities**:Analyzing procurement costs and identifying opportunities to reduce expenses.
Pay: Up to ₹30,000.00 per month
Schedule:
- Day shift
Application Question(s):
- Do you have an experience in Steel Industry?
Work Location: In person
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