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Purchase Executive

2 weeks ago

Thane, India Magenta Full time

**Purchase Executive**

**Years of Experience - 2-3 Years**

**Location: Navi Mumbai - Turbhe**

**Responsibilities**

1. Preparing plans for the purchase of equipment, services, and supplies
2. Following and enforcing the company's procurement policies and procedures
3. Reviewing, comparing, analysing, and approving products and services to be purchased
4. Managing inventories and maintaining accurate purchase and pricing records
5. Maintaining and updating supplier information such as qualifications, delivery times, product ranges, etc
6. Maintaining good supplier relations and negotiating contracts
7. Researching and evaluating prospective suppliers
8. Preparing budgets, cost analyses, and reports
9. Research potential vendors
10. Compare and evaluate offers from suppliers
11. Negotiate contract terms of agreement and pricing
12. Track orders and ensure timely delivery
13. Review quality of purchased products
14. Enter order details (e.g. vendors, quantities, prices) into internal databases
15. Maintain updated records of purchased products, delivery information and invoices
16. Prepare reports on purchases, including cost analyses
17. Monitor stock levels and place orders as needed
18. Coordinate with warehouse staff to ensure proper storage
19. Attend trade shows and exhibitions to stay up-to-date with industry trends

**Requirements and skills**

1. Experience in procuring electrical material
2. 2+ years of experience as a Procurement Officer or in a similar position
3. Proficiency in Microsoft Office and purchasing software
4. Strong communication and negotiation skills
5. Good analytical and strategic thinking skills

6. Supervisory and management experience
7. Attention to detail
8. Good knowledge of vendor sourcing practices (researching, evaluating and liaising with vendors)
9. Understanding of supply chain procedures
10. Negotiation skills
11. Graduation

**Salary**: From ₹300,000.00 per year

**Benefits**:

- Health insurance
- Leave encashment
- Life insurance
- Provident Fund

Schedule:

- Day shift

Ability to commute/relocate:

- Navi Mumbai, Thane - 400703, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 2 years (preferred)