Purchase Executive

2 weeks ago

Delhi District Delhi, India Elite Corporate Solutions Private Limited Full time

The role of an **Assistant Purchase Manager** is critical for ensuring that the organization procures goods and services in a timely, cost-effective, and strategic manner. This involves overseeing vendor relations, budget management, inventory tracking, and ensuring compliance with company policies and ethical standards.

Here’s a breakdown of the **Key Responsibilities (KRA’s)**:

- **Strategy and Budgeting**: Develop and implement purchasing strategies, and prepare and manage annual budgets.
- **Vendor Selection and Management**: Identify, evaluate, and select vendors based on quality, price, and delivery timelines. Negotiate favorable terms and contracts, conduct facility visits, and rationalize the vendor base as needed.
- **Cost Management and Estimation**: Prepare cost estimates, monitor budgets, and optimize procurement costs.
- **Market and Trend Analysis**: Keep up with market trends, pricing changes, and product availability through regular research.
- **Inventory Control**: Collaborate with relevant teams to monitor inventory levels, perform stock inspections, reorder supplies as needed, and avoid stockouts.
- **Record-Keeping and Compliance**: Maintain accurate records of purchases, supplier information, pricing, and contract details, ensuring compliance with legal and company standards.
- **Reporting and Presentations**: Prepare periodic reports on departmental performance and present them when required.
- **Interdepartmental Collaboration**: Work closely with internal teams to understand and meet their procurement needs.
- **Vendor Relations and Communication**: Build professional relationships with vendors, suppliers, and team members to ensure smooth operations.
- **Problem Solving**: Address procurement-related issues proactively, adopting a solution-oriented approach.
- **Other Responsibilities**: Support management with any additional assigned tasks.

Pay: ₹20,000.00 - ₹60,000.00 per month

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 3 years (required)

Work Location: In person

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