Purchase Executive

2 weeks ago

Mohali, India Type HR Full time

The role of a Purchase Executive typically involves managing and overseeing the procurement process within an organisation. here are some duties associated with the role:

- Developing procurement strategies and plans based on organizational needs, market trends, and budget considerations.
- Identifying potential suppliers, conducting research and evaluations to assess their capabilities, and establishing relationships with reliable vendors.
- Request for Quotations (RFQs) and Proposal Management: Preparing RFQs, managing the bidding process, evaluating vendor proposals, and negotiating terms and conditions.
- Purchase Order Processing: Generating purchase orders, ensuring accuracy of specifications, quantities, and delivery schedules, and coordinating with suppliers to confirm order acceptance.
- Negotiating pricing terms, discounts, and contractual agreements to secure favorable terms and ensure cost-effective procurement.
- Building and maintaining strong relationships with suppliers, addressing any concerns or issues, and resolving disputes or discrepancies in a timely manner
- Monitoring inventory levels, coordinating with internal stakeholders to determine stock requirements, and ensuring timely replenishment to avoid stock-outs or excess inventory.
- Managing contracts, including reviewing terms and conditions, tracking deliverables, monitoring compliance, and renewing or renegotiating contracts as necessary.
- Collaborating with quality control teams to ensure purchased goods or services meet specified quality standards and conducting periodic supplier performance evaluations.
- Identifying areas for process improvement, implementing best practices, and actively seeking ways to streamline procurement operations and optimize efficiency.

Industry - Real Estate

**Salary**: ₹15,000.00 - ₹18,000.00 per month

**Benefits**:

- Cell phone reimbursement
- Paid time off

Schedule:

- Morning shift

**Experience**:

- purchase executice: 2 years (preferred)

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