Purchase Executive

23 hours ago


Bengaluru Karnataka, India Orbitouch Outsourcing Private Limited Full time

**Urgent Hiring for Purchase Executive II Bangalore**

Profile
- Purchase Executive

Location
- Bangalore

Experience
- 3 years

Ctc
- upto 4.2 LPA (Depends on interview)

**Responsibilities**:

- Responsible for buying the required make/quality raw material/assembly from approved vendor at defined time and target price.
- Generate information on lead time for each item. Need to identify and develop new alternate vendors for all products that would be cheaper in cost, reduce lead time and offer better payment terms without sacrificing on quality.
- Oversees supply chain management and procurement. Develop and maintain master list of all items, their multiple suppliers and contact / communication details along with price tracking. At least 3 earlier supplies with PO No. / date.
- Should be able to estimate the target price of various items.
- Use the basis of cost estimation to negotiate the price.
- Networking and dealing with numbers, as well as dealing with other factors such as sustainability & risk management and ethical issues.

**Tasks typically involve**:

- Forecasting levels of demand for services and products to meet the business needs and keeping a constant check on stock levels.
- Carry out research to ascertain the best identical / alternate make products and suppliers in terms of best value, delivery schedules and quality.
- Liaising between suppliers / manufacturers and relevant internal departments.
- Identifying potential suppliers, visiting existing suppliers, and building and maintaining good relationships with them.
- Initial negotiating and formatting initial terms and conditions of supply and monitoring their progress, checking the quality of service provided.
- Processing invoices for payment.
- Projecting financial requirement for the PO being released. Periodic update list of Advance payments and demand from vendors.
- Maintaining Purchase/Contract files and using them as reference for the future.
- Forecasting price trends/updating management (any information provided by vendors / news of any kind) and their impact on future activities of the organization.
- Take active part in formulating and implementing purchasing strategy.
- Generation of report indicating cost savings achieved on a periodic basis (if possible in ppt form). Data to be maintained in XL form.
- Evaluating bids and making recommendations based on commercial and technical factors;
- Ensuring suppliers are aware of business objectives;
- Knowledge and work experience on Tally is a must. Currently SAP Business 1 is under
- implementation and relevant experience will be an added advantage.
- Providing guidance and training and supervising the work of other members of staff in the department.

Pay: ₹15,000.00 - ₹35,000.00 per month

Schedule:

- Day shift

Application Question(s):

- Do you have experience in Railway Projects?

**Education**:

- Bachelor's (required)

**Experience**:

- purchase executive: 3 years (required)

Work Location: In person


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