Purchase Executive
1 week ago
We are seeking a diligent and detail-oriented Purchase Executive to support our procurement team. The ideal candidate will have a foundational understanding of purchase order creation, quotation preparation, price negotiation, costing, and other purchasing activities. The Purchase Executive will play a crucial role in ensuring smooth and efficient procurement operations.
Key Responsibilities:
- Purchase Order Creation:
o Assist in preparing and processing purchase orders.
o Verify purchase requisitions and orders for accuracy and completeness.
o Ensure timely and accurate issuance of purchase orders to vendors.
- Quotation Preparation:
o Request quotations from suppliers and vendors.
o Prepare and compare quotations to ensure the best value for the company.
o Maintain a database of supplier quotations for reference.
- Price Negotiation:
o Assist in negotiating prices, terms, and conditions with suppliers.
o Ensure the company secures the best possible pricing and terms.
- Costing:
o Support in the preparation and analysis of cost estimates.
o Track and report on cost variations and manage cost control initiatives.
- Vendor Management:
o Maintain positive relationships with suppliers and vendors.
o Assist in evaluating vendor performance based on quality, delivery, and pricing.
o Resolve any issues related to orders, delivery, or billing discrepancies.
- Inventory Management:
o Monitor and manage inventory levels to ensure adequate stock.
o Assist in conducting regular inventory audits.
- Documentation and Reporting:
o Maintain accurate and up-to-date procurement records and documentation.
o Prepare regular reports on procurement activities, savings, and vendor performance.
- Compliance:
o Ensure all procurement activities comply with company policies and procedures.
o Stay updated on industry best practices and regulatory requirements.
Job Types: Full-time, Permanent
Pay: ₹20, ₹30,000.00 per month
Education:
- Bachelor's (Preferred)
Experience:
- total work: 3 years (Preferred)
Work Location: In person
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