Purchase Executive

21 hours ago

Aurangabad District Maharashtra, India Aavesh Enterprises Full time

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

- **Procurement Management**:

- Identify and source reliable suppliers for required materials and services.
- Obtain and evaluate quotations to ensure cost-effective purchasing.
- Negotiate prices, terms, and conditions with vendors.
- **Inventory Control**:

- Monitor inventory levels to determine procurement needs.
- Coordinate with warehouse and inventory teams to avoid stock shortages or excesses.
- Maintain an updated record of all purchase and inventory transactions.
- **Vendor Management**:

- Build and maintain strong relationships with suppliers and vendors.
- Evaluate supplier performance regularly based on quality, delivery timelines, and pricing.
- Resolve issues with suppliers regarding delays, defective items, or discrepancies.
- **Documentation and Compliance**:

- Prepare and process purchase orders, contracts, and other procurement documents.
- Ensure compliance with the company’s procurement policies and legal requirements.
- Maintain accurate records of all purchases, pricing, and supplier details.
- **Cost Optimization**:

- Identify opportunities to reduce procurement costs while maintaining quality standards.
- Research and recommend alternative materials or suppliers when necessary.
- Assist in budget preparation and cost forecasting for procurement activities.
- **Market Analysis**:

- Stay updated on market trends, new products, and pricing structures.
- Conduct market research to identify potential new suppliers and products.
- **Coordination with Departments**:

- Collaborate with internal teams to understand their procurement needs and specifications.
- Ensure timely delivery of materials to avoid disruptions in operations.

**Required Skills and Qualifications**:

- Bachelor’s degree in supply chain management, business administration, or a related field.
- Proven experience in procurement, purchasing, or supply chain roles.
- Strong negotiation and communication skills.
- Proficiency in using procurement and inventory management software.
- Excellent analytical and organizational skills.
- Knowledge of supply chain management, vendor evaluation, and market trends.

**Preferred Qualifications**:

- Certification in procurement or supply chain management (e.g., CIPS, CPSM).
- Experience in handling procurement for specific industries (e.g., manufacturing, hospitality).
- Multilingual proficiency is a plus for dealing with international suppliers.

Pay: ₹25,000.00 - ₹35,000.00 per month

Schedule:

- Day shift

Supplemental Pay:

- Yearly bonus

Work Location: In person

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