Purchase Executive
3 days ago
Description
We are seeking a detail-oriented and resourceful Purchase Executive to manage the procurement of semiconductors and other electronic components for our B2B clients. The role requires a strong understanding of the electronics industry, supplier management, and the ability to negotiate favorable terms. The Purchase Executive will ensure the timely and cost-effective procurement of quality components to meet client requirements.
Responsibilities
 Develop profitable purchasing strategies
 Assess supplier profiles and analyze offers.
 Prepare and implement effective negotiation tactics.
 Manage relationships with key suppliers to maintain the quality of goods, timely delivery, and compliance to terms of contracts.
 Review supplies to ensure quality
 Monitor stock levels
 Prepare and submit detailed reports (revenues, buying expenditures, etc.).
 Keep updated records
 Attend events, fairs, and exhibitions to keep abreast of the market's trends.
Requirement
 Proven experience as a purchasing agent or relevant role
 Demonstrable experience in negotiating prices and terms and conditions
 Knowledge of market research, data analysis and purchasing best practices
 Working knowledge of MS Office and purchasing software (e.g. SpendMap)
 Excellent communication and interpersonal skills
 A strong analytical mindset
 Outstanding organizational skills
 Bachelor's degree in Electronics, Supply Chain Management, Business Administration, or a related field.
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