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Purchasing Officer
2 weeks ago
A Purchasing Officer sources and procures necessary goods, services, and materials for an organization, ensuring cost-effectiveness, quality, and timely delivery. Responsibilities include market research, vendor evaluation, contract negotiation, order placement, inventory management, record-keeping, and fostering strong supplier relationships. Key skills for this role are strong analytical abilities, negotiation expertise, attention to detail, and proficiency with procurement software. Key Responsibilities
- **Sourcing & Procurement**: Identify reliable suppliers, source and procure goods, materials, and services needed by the company.
- **Vendor Management**: Research and evaluate potential vendors, negotiate contract terms, and maintain strong, ongoing relationships with suppliers.
- **Cost & Quality Control**: Ensure the company receives the best value for its purchases by analyzing costs, maintaining quality standards, and aligning purchases with the budget.
- **Inventory Management**: Monitor stock levels, track market trends, and assess when to place new orders to maintain adequate inventory without excess.
- **Order Processing**: Create and issue purchase orders, track order status, and handle discrepancies such as under-shipments, over-shipments, or damaged goods.
- **Record-Keeping & Reporting**: Maintain detailed records of purchases, deliveries, and invoices, and prepare reports on costs and orders for management.
- **Compliance**: Ensure purchasing processes adhere to relevant company policies and government regulations.
Pay: ₹18,000.00 - ₹21,000.00 per month
**Benefits**:
- Health insurance
- Leave encashment
- Provident Fund
Work Location: In person