Purchase Executive
4 days ago
A purchasing assistant supports procurement by researching vendors, negotiating prices, placing orders, and maintaining vendor relationships to ensure the timely and cost-effective acquisition of goods and materials. Key duties include managing inventory levels, verifying deliveries against purchase orders, tracking costs, preparing reports, and ensuring compliance with company purchasing policies. Essential skills for this role include strong communication, organization, problem-solving, and proficiency with purchasing software and office tools. Key Responsibilities
- **Vendor Research and Management**:Identify potential vendors, research market trends and pricing, and maintain positive relationships with suppliers.
- **Order Processing**:Prepare and process purchase orders, confirm details with vendors, and track all orders from placement to delivery.
- **Inventory Monitoring**:Monitor stock levels, conduct inventory checks, and ensure sufficient products or materials are available.
- **Cost Analysis**:Analyze vendor offers, negotiate prices, and identify opportunities for cost savings.
- **Administrative Tasks**:Maintain accurate purchasing records, update databases, and prepare reports on purchases and related costs.
- **Compliance**:Ensure all purchasing activities comply with company policies and procedures.
- **Communication**:Liaise with vendors, internal departments, and warehouse staff to resolve issues and coordinate deliveries.
Required Skills and Qualifications
- **Education**:A high school diploma is often the minimum, but a bachelor's degree in business, finance, or a relevant field is preferred.
- **Experience**:Previous experience in a purchasing, administrative, or related role is beneficial.
- **Technical Skills**:
Pay: ₹15,000.00 - ₹20,000.00 per month
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