Purchase Executive

1 day ago

Dombivli, India Indus Industries Full time

**Job Summary**:
**Key Responsibilities**:

- **Procurement of Goods and Services**:

- Source, select, and negotiate with suppliers for the purchase of materials, equipment, and services required by various departments.
- Issue purchase orders (POs) based on requisitions received from internal teams.
- Ensure goods and services meet quality standards, and delivery is on time.
- **Supplier Relationship Management**:

- Establish and maintain strong relationships with suppliers and vendors.
- Monitor supplier performance and resolve any issues related to quality, delivery, or pricing.
- Evaluate and select suppliers based on price, quality, service, and delivery capabilities.
- **Inventory Management**:

- Ensure optimal inventory levels are maintained to meet production or operational needs.
- Track inventory usage and adjust purchasing levels accordingly to prevent shortages or overstock.
- **Cost Control and Budget Management**:

- Negotiate pricing and payment terms with suppliers to secure favorable terms for the company.
- Assist in the development and management of the department’s purchasing budget.
- Identify cost-saving opportunities and implement cost-control measures without compromising quality.
- **Compliance and Documentation**:

- Ensure all procurement activities comply with company policies, industry regulations, and legal requirements.
- Maintain accurate records of all purchasing transactions, contracts, and supplier correspondence.
- Prepare reports on procurement activities, including cost analysis, supplier performance, and inventory status.
- **Market Research and Supplier Evaluation**:

- Conduct market research to identify new suppliers, products, and market trends.
- Regularly review and assess supplier performance based on defined key performance indicators (KPIs).
- **Cross-functional Collaboration**:

- Work closely with internal departments such as Finance, Production, and Operations to ensure alignment between purchasing and operational requirements.
- Assist in resolving any supply chain or procurement-related issues.

**Skills and Qualifications**:

- **Experience**: Proven experience in procurement or purchasing (typically 2+ years).
- **Skills**:

- Strong negotiation and communication skills.
- Analytical and problem-solving abilities.
- Attention to detail and organizational skills.
- Knowledge of market trends and suppliers.

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

Pay: ₹15,000.00 - ₹20,000.00 per month

**Benefits**:

- Cell phone reimbursement
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Yearly bonus

**Experience**:

- Purchase Executive: 3 years (required)

**Location**:

- Dombivli, Maharashtra (required)

Work Location: In person

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