Purchase Executive
3 days ago
Require suitable candidate for our client, a reputed manufacturer of bespoke furniture.
Job Overview:
As the Purchase Executive, you will be responsible for developing and managing relationships with vendors, overseeing procurement processes, and utilizing Tally or ERP systems for efficient inventory management. This role requires a strategic thinker with strong negotiation skills, vendor development expertise, and experience in material procurement.
Responsibilities:
- Vendor Development:
· Identify and evaluate potential vendors based on quality, cost, and reliability.
· Develop and maintain strong relationships with new and existing suppliers.
· Negotiate terms and conditions with vendors to secure advantageous agreements.
- Vendor Management:
· Collaborate with vendors to ensure timely delivery of high-quality materials.
· Evaluate vendor performance and provide feedback for continuous improvement.
· Resolve any vendor-related issues or discrepancies in a timely and effective manner.
- Procurement Planning:
· Work closely with cross-functional teams to understand material requirements for ongoing and upcoming projects.
· Develop and implement procurement strategies aligned with business objectives.
- Material Procurement:
· Source, negotiate, and procure materials in accordance with specified requirements and budget constraints.
· Ensure compliance with quality standards and delivery schedules.
5. Inventory Management:
· Utilize Tally or ERP systems to maintain accurate records of inventory levels.
· Implement effective inventory control measures to optimize stock levels.
- Cost Negotiation:
· Negotiate favorable terms and conditions with suppliers to achieve cost savings.
· Analyze market trends and conduct benchmarking to ensure competitive pricing.
7. Contract Management:
· Review and negotiate contracts with vendors, ensuring compliance with company policies and legal requirements.
· Work closely with the legal department to finalize and execute contracts.
Compliance and Documentation:
· Ensure adherence to all regulatory and compliance requirements in procurement processes.
· Maintain comprehensive documentation of all procurement activities.
Qualifications:
· Proven experience as a Purchase Executive or in a similar procurement role.
· Strong negotiation skills and the ability to build and maintain effective vendor relationships.
· Experience with Tally or ERP systems for inventory management.
· Solid understanding of procurement processes, market dynamics, and cost analysis.
· Excellent communication and interpersonal skills.
· Bachelor's degree in Business, Supply Chain Management, or a related field.
Benefits:
· Competitive salary and performance-based bonuses.
· Opportunities for professional development and career advancement.
Job Type: Full-time
Pay: ₹35, ₹45,000.00 per month
Application Question(s):
- Do you have experience in Purchase in the Wooden Furniture Industry ? Yes / No
- Where do you currently reside ?
Work Location: In person
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