Purchase Officer
3 days ago
A Purchase Officer is a procurement professional responsible for sourcing and purchasing goods and services for an organization. The role is crucial for ensuring that a business maintains adequate stock levels, secures cost-effective deals, and maintains a seamless supply chain. Duties and responsibilities. The day-to-day responsibilities of a Purchase Officer often include:
- Supplier management: Identifying, researching, and vetting potential vendors based on product quality, price, reliability, and market trends.
- Negotiation: Negotiating with suppliers to secure the most cost-effective contracts, favorable terms, and reliable delivery options.
- Purchase order management: Creating and processing purchase orders, and managing their entire lifecycle from requisition to delivery.
- Order and delivery management: Tracking the status of orders, ensuring timely deliveries, and coordinating with the logistics or delivery team to receive goods.
- Inventory control: Monitoring stock levels to prevent shortages or overstocking and coordinating with warehouse staff to ensure goods are properly stored.
- Quality assurance: Inspecting products and materials upon delivery to ensure they meet the company's quality standards.
- Record keeping: Maintaining meticulous records of all purchases, contracts, pricing, and supplier communications for financial and reporting purposes.
- Budgeting and cost analysis: Collaborating with the finance team to prepare purchasing budgets, and analyzing costs to identify savings opportunities.
- Cross-functional collaboration: Working with other departments, such as manufacturing, sales, and accounts, to understand their procurement needs.
Job Type: Full-time
Pay: ₹10, ₹11,500.00 per month
Benefits:
- Cell phone reimbursement
- Flexible schedule
- Food provided
- Paid time off
- Provident Fund
Work Location: In person
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