Gyl-Purchase Exec(3-4Yrs)6-8 Lpa

2 weeks ago

Mumbai, Maharashtra, India Focus Consulting Full time
Overview:
The GYL-Purchase Executive plays a crucial role in the procurement process, ensuring that all purchasing activities align with organizational goals and budgets. This position is integral in managing supplier relationships, negotiating purchase agreements, and optimizing inventory levels to guarantee that operational needs are met efficiently. With a focus on quality and cost-effectiveness, the Purchase Executive collaborates with various departments to forecast requirements and strategically source materials and services. This role requires a keen analytical mindset to assess market trends and supplier performance while maintaining compliance with company policies. The ideal candidate will leverage their negotiation acumen and market insights to contribute to overall supply chain excellence, ultimately enhancing productivity and operational effectiveness. A successful Purchase Executive will adapt to changing market conditions and demonstrate an innovative approach to procurement strategies that drive value.
Key Responsibilities:
  • Manage procurement processes, ensuring timely and cost-effective purchases.
  • Analyze market trends to forecast purchasing needs and opportunities.
  • Negotiate pricing and contract terms with suppliers to maximize value.
  • Maintain strong relationships with existing suppliers and identify potential new vendors.
  • Review and approve purchase orders, ensuring accuracy and compliance.
  • Collaborate with internal departments to determine product requirements.
  • Monitor supplier performance and resolve any issues that arise.
  • Conduct inventory audits and maintain optimal stock levels.
  • Implement cost-saving initiatives without compromising quality.
  • Prepare reports on purchasing metrics and supplier performance.
  • Facilitate communication between suppliers and internal stakeholders.
  • Develop and maintain procurement strategies that align with company objectives.
  • Assist in training and mentoring junior staff members.
  • Stay updated on industry best practices and procurement technologies.
  • Ensure compliance with legal and ethical purchasing practices.
Required Qualifications:
  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Minimum of 3 to 4 years of experience in procurement or purchasing roles.
  • Strong understanding of supply chain processes and inventory management.
  • Excellent negotiation and communication skills.
  • Proficiency in procurement software and Microsoft Office Suite.
  • Ability to conduct market research and analysis.
  • Strong analytical and problem-solving skills.
  • Experience in contract management and supplier relations.
  • Detail-oriented with strong organizational skills.
  • Ability to work independently and as part of a team.
  • Strong understanding of compliance and regulatory requirements in procurement.
  • Willingness to adapt to changing market conditions and company needs.
  • Previous experience in cost analysis and budget management.
  • Certification in supply chain or procurement (e.g., CPSM, CIPS) is a plus.
  • Ability to travel as required for supplier visits and industry events.
  • Fluency in English, with proficiency in additional languages being an advantage.

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