Purchase Executive

3 days ago

Visakhapatnam, India Touchstone Foundation Full time

**Job brief (FMCG & HOTEL / RESTAURANT EXPERIENCE PREFERED)**

We are looking for a Purchasing Executive to buy products that are essential for our company’s day-to-day operations. You will review prices and quality and ensure optimal stock levels.

Purchasing Executive responsibilities include evaluating vendors, negotiating contracts and preparing reports (e.g. on orders and costs.) For this role, you should have good knowledge of market research, along with solid analytical skills to make sure you’re identifying the most profitable offers.

Ultimately, you’ll create and maintain good relationships with key suppliers to ensure merchandise is high quality and delivered on time.

**Responsibilities**
- Research potential vendors
- Compare and evaluate offers from suppliers
- Negotiate contract terms of agreement and pricing
- Track orders and ensure timely delivery
- Review quality of purchased products
- Enter order details (e.g. vendors, quantities, prices) into internal databases
- Maintain updated records of purchased products, delivery information and invoices
- Prepare reports on purchases, including cost analyses
- Monitor stock levels and place orders as needed
- Coordinate with warehouse staff to ensure proper storage

**Requirements**:

- Proven work experience as a Purchasing Officer, Purchasing Agent or similar role
- Good knowledge of vendor sourcing practices (researching, evaluating and liaising with vendors)
- Hands-on experience with purchasing software (e.g. ERP or SpendMap)etc
- Understanding of supply chain procedures
- Solid analytical skills, with the ability to create financial reports and conduct cost analyses
- Strong Negotiation skills

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

**Benefits**:

- Health insurance
- Leave encashment
- Provident Fund

Schedule:

- Day shift
- Morning shift

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

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