Purchase Executive

4 days ago


Perungudi, Tamil Nadu, India Vishubh Integerated Solution Pvt Ltd Full time ₹ 1,80,000 - ₹ 2,40,000 per year
  • 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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