Purchase Executive

4 days ago

Mumbai Maharashtra, India Meher Distilleries Pvt Ltd Full time

**Job Description (JD) - Purchase Executive**

**Position Title**: Purchase Executive

**Location**: Nariman Point, Mumbai

**Employment Type**: Full-Time

**Minimum Work Experience** : At least 7-8 years of experience in procurement or supply chain management.

**Key Responsibilities**:

- **Procurement Management**:

- Prepare and distribute Request for Quotations (RFQs) for materials and services.
- Obtain and compare prices and terms from suppliers.
- Prepare and manage contracts and purchase orders.
- **Supplier Management**:

- Identify and select suppliers.
- Build and maintain relationships with suppliers.
- Monitor and evaluate supplier performance.
- **Stock and Supply Monitoring**:

- Monitor stock levels and reorder as necessary.
- Identify and resolve issues related to stock shortages or surpluses.
- **Documentation and Record Keeping**:

- Accurately record and store all purchase documents, such as purchase orders, invoices, and payment details.
- Prepare and manage financial records and stock reports.
- **Budget and Cost Management**:

- Adhere to the purchasing budget and identify opportunities for cost reduction.
- Conduct cost analysis and prepare cost-effectiveness reports.
- **Dispute and Problem Resolution**:

- Address and resolve any disputes or issues with suppliers.
- Manage quality and delivery issues and recommend corrective actions.
- **Compliance and Policy Adherence**:

- Ensure all procurement processes comply with company policies and legal requirements.
- Track and adapt to any changes in legal or regulatory requirements.

**Required Qualifications**:

- **Educational Background**:

- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- **Experience**:

- At least 7-8 years of experience in procurement or supply chain management.
- **Skills and Abilities**:

- Strong negotiation and communication skills.
- Good understanding of supply chain management and procurement processes.
- Data analysis and reporting skills.
- Problem-solving and decision-making abilities.
- **Technical Skills**:

- Proficiency in Microsoft Office (Excel, Word, PowerPoint).
- Experience with ERP or procurement software (if applicable).
- **Personal Attributes**:

- Detail-oriented and organized.
- Ability to work well in a team and independently.

**Education**:

- Bachelor's (preferred)

**Experience**:

- Procurement: 7 years (required)

Work Location: In person

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