Purchasing Executive

4 days ago

Bengaluru, India PlasmaGen BioSciences Full time

We are seeking an organized and experienced purchasing executive / officer to join the purchase team. This position will research and negotiate the best price and quality for our supply / material needs and project requirements. The person needs to establish relationships and serve as a representative of the company when negotiating contracts and building vendor and supplier trust as well as track and monitor the delivery and confirmation of all materials and supplies.

**Duties and Responsibilities**:

- Working closely with the users / departments for understanding the supply, material, service requirements.
- Conducting product research and evaluate potential vendors / suppliers as per the SOP.
- Getting the quotes, negotiation, and comparison of the prices
- Releasing the purchase order / service order in SAP following the approval Matrix.
- Purchasing or contracting supplies, services, and equipment based on the company’s current budget and ensure all the purchases are done within budget limits set by the company.
- Sourcing materials, goods, products, and services and negotiating the best or most cost-effective contracts and deals.
- Identify and implement ways to continually improve procurement processes to improve efficiency and effectiveness in both purchasing and user department.
- Regular inspection of supplies, services, and equipment to make sure these confirm with the company and user specifications.
- Create and maintain good relationships with vendors and suppliers.
- Should maintain the proper and up to date documentations and records.
- Track incoming inventory, delivery arrival time, and note actual arrival time.
- Organize and update database of suppliers, delivery times, invoices, and quantity of supplies
- Work with team members, supervisors, and purchasing manager to develop future purchasing plans and source potential relationships with vendors.
- Conduct regular update of any current developments in purchasing new products, prices, and market conditions; and reviewing all procurement documents and ensure consistency, accountability, and transparency in all procurement procedures.
- Collaborate with financial team members on contracts, invoicing, and other financial matters.

**Qualifications and Pre-requisites**:

- Bachelor’s Degree - B. Tech, Pharma and Related field preferred.
- Good knowledge and understanding of purchasing processes, policy, and systems.
- 1-3 years previous experience of purchasing / procurement function.
- Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel). SAP B1/R3 would be an added advantage.
- Excellent verbal and written communication skills; able to negotiate, establish, and process contracts.
- Able to multitask, prioritize, and manage time efficiently.
- Accurate and precise attention to detail.
- Able to make decisions in a fast-paced environment.

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