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Purchase Executive

3 weeks ago

Hosur, India Duroflex Pvt Ltd Full time

**Brief - Ability to manage full spectrum of purchasing process including supplier selection and management, price negotiation, purchase order execution, timely delivery, stock optimization, sourcing equipment, Goods & services etc**

**Minimum experience - 2-3 years, understanding of manufacturing industry**

**Key Responsibilities:

- **

∙ Achieves company objectives in terms of cost reduction, supply base management, quality and delivery time, able to prioritize as per organization needs

∙ Develop, lead and execute purchasing strategies

∙ Seek and partner with reliable vendors, work with suppliers, manufacturers and internal departments

∙ Measuring, tracking & reporting forecast accuracy and corrective actions to drive improved outputs

∙ Determine quantity and timing of deliveries

∙ Monitor and forecast upcoming levels of demand

∙ Keep a constant check on stock levels and Inventory Management

∙ Track, measure and analyze purchase expenditures

∙ Craft negotiation strategies and close deals with optimal terms

∙ Forecast price and market trends to identify changes of balance in buyer-supplier power

∙ Track and report key functional metrics to reduce expenses and improve effectiveness

∙ Perform cost and scenario analysis, and benchmarking

∙ Produce reports and statistics on spending and saving

∙ Industry knowledge of Manufacturing or Home têxtiles or Furniture or White goods appliances - Hands on experience in SAP, had worked with excel and Data Management(preferred)

∙ Demonstrated decision making and problem solving skills - Comprehensive skills in query/reporting tools

∙ Ability to self-start and create synergy with cross functional team towards the key metrics like On time in full delivery, YOY Cost saving, Inventory management, Digitalization and Supplier compliance

∙ Sustain Compliance audit on Procurement process to determine the completeness, efficacy as well as the accuracy of thepurchasing products, materials, and services for their organization

**Job Types**: Full-time, Permanent

**Benefits**:

- Health insurance
- Leave encashment
- Life insurance
- Paid sick time

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 3 years (preferred)

Work Location: In person