Purchase Executive

6 days ago

Redhills Chennai Tamil Nadu, India Dunamis Machines Full time

**Job Summary**:
The Purchase Executive is responsible for managing and executing the procurement process for goods and services needed by the company. This includes sourcing suppliers, negotiating prices, ensuring timely deliveries, maintaining supplier relationships, and ensuring compliance with company policies and regulations.

**Key Responsibilities**:

- **Procurement Management**:

- Assist in sourcing and identifying potential suppliers and vendors for required materials and services.
- Obtain and evaluate quotations from suppliers to ensure competitive pricing and quality.
- Prepare and issue purchase orders and follow up on delivery schedules.
- **Vendor Management**:

- Establish and maintain strong relationships with vendors to ensure timely delivery and cost-effective procurement.
- Negotiate terms and prices with suppliers to get the best possible deal for the company.
- Monitor supplier performance and resolve any issues regarding quality, pricing, or delivery.
- **Inventory Control**:

- Monitor stock levels and place orders based on inventory requirements.
- Ensure timely procurement to prevent stockouts and support production operations.
- Maintain accurate records of all procurement transactions.
- **Documentation & Reporting**:

- Maintain records of purchase orders, contracts, and supplier communication.
- Prepare purchase reports and assist in monthly/quarterly procurement analysis.
- Ensure compliance with company purchasing policies and procedures.
- **Quality Assurance**:

- Conduct quality checks to ensure that goods received meet the company's specifications.
- Work with the quality control team to address and resolve any quality issues with suppliers.
- **Cost Management**:

- Track and monitor procurement expenses and report on savings opportunities.
- Support cost-cutting initiatives while ensuring product/service quality is not compromised.
- **Compliance**:

- Ensure that all purchases adhere to legal and company policies, including sustainability practices.
- Keep updated with industry trends, market prices, and new suppliers.
- **Collaboration**:

- Coordinate with various departments, such as production, logistics, and finance, to understand procurement needs and timelines.
- Communicate effectively with internal teams and suppliers to resolve any issues that may arise.

Pay: ₹15,000.00 - ₹30,000.00 per month

**Benefits**:

- Cell phone reimbursement
- Food provided
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Yearly bonus

**Education**:

- Diploma (preferred)

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

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