
Purchase Executive
4 days ago
- Sourcing and Procurement:Identifying potential vendors, negotiating contracts, and purchasing goods and services to meet operational needs.
Typical Duties:
- Preparing purchase orders and tracking their progress.
- Reviewing and approving procurement documents.
- Monitoring supplier performance and resolving issues.
- Staying up-to-date on industry trends and new products.
- Collaborating with internal stakeholders to understand their needs.
Required Skills:
- Negotiation skills: Essential for securing favorable contracts and pricing.
- Analytical skills: Needed to analyze data, identify trends, and make informed decisions.
- Communication skills: Important for interacting with vendors and internal stakeholders.
- Organizational skills: Necessary for managing multiple tasks, prioritizing, and meeting deadlines.
- Technical skills: Proficiency in procurement software, ERP systems, and Microsoft Office Suite.
Job Titles:Procurement Manager, Procurement Specialist, Procurement Officer, Procurement Engineer, and Buyer. Educational Background:
- Bachelor's degree in procurement, supply chain management, business, or a related field.
- Relevant certifications (e.g., CIPS) may be beneficial.
Experience:
- Previous experience in procurement, purchasing, or supply chain management.
- Experience with vendor management, contract negotiation, and cost analysis.
In summary, a procurement job description outlines the core activities, required skills, and desired experience for individuals involved in acquiring goods and services for an organization, emphasizing cost-effectiveness, quality, and compliance.
- Vendor Management:Developing and maintaining strong relationships with suppliers, ensuring timely and cost-effective procurement.
- Contract Negotiation:Negotiating favorable terms and conditions with suppliers.
- Cost Savings:Analyzing market trends, identifying cost-saving opportunities, and implementing strategies to reduce procurement expenses.
- Compliance:Ensuring adherence to company policies, legal frameworks, and regulatory requirements.
- Inventory Management:Managing inventory levels, tracking stock, and ensuring timely replenishment.
- Data Analysis:Analyzing procurement data to identify trends, improve processes, and support decision-making.
Job Type: Full-time
Pay: ₹9, ₹20,000.00 per month
Benefits:
- Provident Fund
Work Location: In person
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