Purchase Executive

4 days ago

Banashankari Bengaluru Karnataka, India Semperfi Solutions and Services Full time

**Qualification: Any degree**:

- **Preferred Kannadigas. Should know local languages.**:

- **Age: Below 35 years**:

- **Immediate joinee**:

- 5 to 6 years experience

*
- The Purchase Executive reports to the Purchasing Manager or Procurement Head and assists in the procurement process.
- They are responsible for researching, evaluating, and purchasing goods and services necessary for the organization's operations.
- They collaborate with various departments to determine their procurement needs and specifications.
- They identify potential suppliers, negotiate contracts, and establish relationships with vendors.
- They track and monitor inventory levels, ensuring that supplies are ordered in a timely manner to prevent shortages.
- They analyze market trends and conditions to anticipate changes in pricing or availability of goods and services.
- They maintain accurate records of purchases, pricing, and vendor information.
- They may also be involved in resolving issues or disputes with vendors and ensuring compliance with company policies and procedures, as well as relevant regulations.

Roles and Responsibilities:

- Sourcing and Supplier Management:

- Identify potential suppliers and evaluate their capabilities, pricing, and reliability.
- Negotiate contracts and terms with suppliers to obtain the best possible deals.
- Maintain relationships with existing suppliers and seek out new ones to ensure a diverse and reliable supply chain.
- Procurement Process Management:

- Coordinate with internal departments to understand their procurement needs and requirements.
- Create purchase orders and ensure timely processing and delivery of goods and services.
- Monitor procurement workflows to ensure compliance with company policies and procedures.
- Inventory Management:

- Monitor inventory levels and anticipate demand to prevent shortages or overstocking.
- Implement inventory control measures to optimize stock levels and minimize carrying costs.
- Coordinate with warehouse or logistics teams to ensure efficient handling and storage of inventory.
- Market Research and Analysis:

- Stay updated on market trends, pricing fluctuations, and changes in supplier landscapes.
- Conduct market research to identify new products, suppliers, or cost-saving opportunities.
- Analyze procurement data to identify patterns and opportunities for process improvement or cost reduction.

Pay: ₹35,000.00 - ₹45,000.00 per month

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- Purchase executive: 5 years (required)

Work Location: In person

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