Purchase executive from Audio Visual products experience
4 days ago
Job Summary:
The Procurement Executive is responsible for sourcing products and services, negotiating with
suppliers, managing vendor relationships, and ensuring timely and cost-effective procurement
of materials. The role involves coordinating with internal departments to understand
procurement requirements and maintaining compliance with the companys procurement
policies. Assist data compilation and preparation of MIS.
Key Responsibilities:
- Identify, evaluate, and select reliable vendors and suppliers.
- Undertake due diligence before onboarding new vendors.
- Request quotations, compare prices, negotiate terms and finalize purchase orders.
- Ensure timely procurement of materials and services as per company requirements.
- Monitor stock levels and identify purchasing needs.
- Coordinate with internal teams for requirement gathering and order processing.
- Track order status, ensure timely delivery, and resolve supply issues.
- Maintain and update procurement records, including purchase orders, contracts, and
delivery schedules.
- Assist in developing procurement strategies to ensure cost-effectiveness and quality.
- Analyse market trends to anticipate product availability and pricing.
- Ensure compliance with company policies, legal requirements, and industry standards.
- Assistance in preparation of BOM/BOQ
Required Skills and Qualifications:
- Bachelor's degree in supply chain management, Business Administration, BE, Diploma
or a related field.
- 1–3 years of experience in procurement or supply chain management (for entry to mid
level roles).
- Strong negotiation, communication (Written & Verbal), and interpersonal skills.
- Proficient in Ms. Office, Advance Excel and procurement software (e.g., Tally).
- Ability to analyze data and make informed purchasing decisions.
- Strong organizational skills with attention to detail.
- Basic knowledge of Custom duty, GST
- Quality Assurance: Handle replacements or returns for defective or incorrect items.
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