Grocery and Store Purchase Executive

The Grocery and Store Purchase Executive is responsible for managing the purchasing and inventory activities for a grocery store or retail establishment. This role involves selecting and sourcing products, negotiating with suppliers, ensuring timely deliveries, maintaining stock levels, and monitoring product quality and pricing. The executive will work closely with suppliers, vendors, and internal teams to ensure smooth operations and efficient inventory management.

**Key Responsibilities**:

- **Procurement and Supplier Management**:

- Identify and evaluate potential suppliers for grocery and store items.
- Negotiate contracts, pricing, and payment terms with suppliers.
- Develop and maintain strong relationships with existing and new suppliers.
- Monitor supplier performance in terms of quality, delivery times, and reliability.
- **Inventory and Stock Management**:

- Monitor inventory levels to ensure adequate stock and prevent overstocking or shortages.
- Place orders based on sales forecasts, current stock, and market demand.
- Conduct regular stock audits and maintain accurate inventory records.
- Coordinate with the store and warehouse teams to manage inventory efficiently.
- **Product Selection and Pricing**:

- Ensure the procurement of high-quality products at competitive prices.
- Research market trends to stay informed about new products, pricing, and competitor strategies.
- Work with the store manager to ensure the right mix of products is available to meet customer demand.
- Evaluate product quality and shelf-life to maintain fresh stock.
- **Budgeting and Cost Control**:

- Monitor and manage the purchasing budget, ensuring cost-effective buying strategies.
- Implement cost-saving measures and minimize wastage in the procurement process.
- Review and approve purchase orders, ensuring alignment with budgetary constraints.
- **Documentation and Compliance**:

- Maintain accurate purchase records, invoices, and payment documents.
- Ensure compliance with local and national regulations related to food safety, quality, and storage standards.
- Collaborate with the finance department for invoice verification and payment processing.
- **Coordination and Communication**:

- Coordinate with store managers, warehouse staff, and department heads to forecast demand and plan inventory needs.
- Communicate any changes in product availability, pricing, or stock levels to the relevant teams.
- Address any supply chain issues, such as delays or shortages, with urgency and efficiency.
- **Reporting**:

- Prepare and present regular reports on purchase activities, stock levels, supplier performance, and cost analysis.
- Analyze purchasing data to identify trends, opportunities, and areas for improvement.

**Key Skills and Qualifications**:

- **Educational Background**: Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- **Experience**: 2-5 years of experience in purchasing, procurement, or inventory management, preferably in a grocery or retail environment.
- **Negotiation Skills**: Strong negotiation and vendor management skills.
- **Analytical Skills**: Ability to analyze market trends, sales data, and inventory needs to make informed purchasing decisions.
- **Communication**: Excellent verbal and written communication skills for interacting with suppliers, store teams, and management.
- **Attention to Detail**: Strong organizational and multitasking abilities with a focus on accuracy.
- **Knowledge of Products**: Familiarity with grocery store products, supply chains, and market conditions.
- **Technology Skills**: Proficiency in procurement software and inventory management systems (e.g., ERP systems).
- **Problem-solving**: Ability to resolve supply chain issues efficiently and effectively.

**Working Conditions**:

- Full-time position, with the possibility of working weekends or holidays as needed.
- Fast-paced retail environment with the need to handle multiple tasks simultaneously.

**Job Types**: Full-time, Permanent

Pay: ₹18,000.00 - ₹25,000.00 per month

**Benefits**:

- Food provided
- Provident Fund

Schedule:

- Day shift
- Morning shift
- Rotational shift
- Weekend availability

Work Location: In person

Application Deadline: 30/10/2024