Purchase Executive

**Key Responsibilities**:

- **Procurement & Supplier Management**:

- Identify and evaluate suppliers based on cost, quality, and delivery speed.
- Negotiate prices, terms, and contracts with suppliers.
- Maintain good relationships with suppliers to ensure consistent supply and favorable terms.
- Prepare and issue purchase orders based on requirements from different departments.
- **Order Management**:

- Track and monitor orders to ensure timely delivery.
- Resolve any issues related to delayed, damaged, or incorrect deliveries.
- Maintain accurate records of purchase orders, invoices, and supplier agreements.
- Follow up with suppliers to ensure the fulfillment of orders as per specified terms and conditions.
- **Inventory Control**:

- Monitor inventory levels to ensure there is no overstocking or stockouts.
- Work with the inventory team to ensure stock levels are aligned with demand forecasts and minimize wastage.
- Maintain records of inventory movements and ensure proper storage and handling of goods.
- **Cost Control & Budgeting**:

- Assist in monitoring and controlling procurement costs to align with the budget.
- Look for opportunities to reduce procurement costs through supplier negotiations or alternative sourcing strategies.
- Assist in preparing cost forecasts for upcoming procurement needs.
- **Quality Assurance**:

- Ensure that all purchased goods and services meet company quality standards.
- Conduct inspections or liaise with relevant departments to ensure goods are up to standard upon delivery.
- Handle supplier quality issues and work with them to ensure that any defective or non-compliant goods are replaced or refunded.
- **Reporting & Documentation**:

- Maintain and update procurement records, including orders, receipts, and contracts.
- Prepare regular reports for management on procurement activities, budget status, and supplier performance.
- Assist in preparing audits of purchase orders and inventory levels to ensure compliance.
- **Compliance & Policy Adherence**:

- Ensure that all purchasing activities comply with company policies, industry standards, and legal requirements.
- Ensure that all documents and transactions are properly documented for audit purposes.
- Assist in reviewing and updating procurement procedures as necessary.
- **Collaboration**:

- Coordinate with internal departments such as finance, inventory, and production to understand their requirements and ensure timely procurement of goods.
- Liaise with logistics or transportation departments to track deliveries and ensure goods arrive on time.
- Communicate regularly with suppliers to resolve issues and confirm order status.

**Qualifications**:

- **Education**:

- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- Additional certifications in procurement or supply chain management (e.g., CIPS) are a plus.
- **Experience**:

- 0-1 years of experience in purchasing, procurement, or supply chain management.
- Experience in sourcing, supplier negotiation, and order management.
- Familiarity with procurement software and tools (e.g., SAP, Oracle, or similar ERP systems).

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

Pay: ₹10,959.53 - ₹15,139.93 per month

Schedule:

- Day shift
- Morning shift
- Weekend availability

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 1 year (preferred)

Work Location: In person