Sourcing/purchase Executive
4 days ago
**Position**: Sourcing Executive/ Purchase Executive (Chemical Raw Material Purchase background only)
**Location**: Thane
JOB Responsibilities
**- Understand product requirements**:Collaborate closely with the production, CRM & research teams to comprehensively understand the specific chemical requirements for our products.
**- Floating enquiries to various suppliers**: Identify potential suppliers and initiate requests for quotations (RFQs) to secure competitive pricing and favourable terms.
**- Maintain supplier database**: Establish and maintain a comprehensive database of suppliers, including contact information, pricing, delivery terms, and quality standards.
**- Appoint new vendors**: Evaluate potential vendors based on capabilities, reliability, and pricing. Forge partnerships with new vendors to ensure a diverse and dependable supply chain.
**- Optimize raw material prices**:Utilize negotiation skills to obtain the best possible raw material prices without compromising quality.
**- Develop international vendors**:Identify and cultivate relationships with international vendors to diversify the supply chain and explore cost-effective sourcing options.
**- Coordinate with vendors**:Maintain regular communication with suppliers to address issues, track order status, and resolve any supply chain disruptions or quality concerns.
**- Ensure raw material availability**:Proactively monitor inventory levels and collaborate with suppliers to ensure a consistent supply of raw materials, preventing any production delays.
**- Make error-free purchase entries in the system**: Accurately enter all purchase-related information, including supplier details, quantities, prices, and delivery dates, into the purchasing system or ERP software.
**- Track stock in the system**:Monitor and update the inventory records in the system to reflect the current stock levels accurately. Regularly reconcile physical stock with system records to identify and resolve any discrepancies.
**Qualifications and Skills**:
- Bachelor's or Master's degree in Chemistry (BSc/MSc Chemistry) or related field.
- 1-5 years of experience in sourcing or procurement of chemicals or related products.
- Excellent communication skills in English and Hindi, both written and verbal.
- Strong negotiation skills to obtain favorable pricing and terms from suppliers.
- Familiarity with market trends, pricing structures, and supplier dynamics in the chemical industry.
- Organizational skills to maintain accurate and well-organized supplier databases and records.
- Familiarity with purchasing systems or ERP software for error-free purchase entries and inventory tracking.
Pay: From ₹20,000.00 per month
**Education**:
- Bachelor's (preferred)
Work Location: In person
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