Purchase Executive
1 week ago
Vendor Management:
o Identify, evaluate, and select reliable vendors and suppliers for materials,
equipment, and services required for insulation manufacturing.
o Develop and maintain strong relationships with vendors to ensure timely
delivery of quality products at competitive prices.
o Negotiate contracts, terms, and conditions with vendors to optimize
purchasing terms and minimize costs.
- Purchase Planning:
o Collaborate with production and inventory management teams to forecast
material requirements and develop procurement plans accordingly.
o Monitor inventory levels and procurement trends to anticipate demand and
prevent shortages or overstock situations.
o Implement inventory control measures to optimize stock levels and reduce
carrying costs.
- Procurement Execution:
o Execute purchase orders and ensure timely delivery of materials to meet
production schedules.
o Coordinate with logistics and warehouse teams to streamline the receiving and
storage of purchased materials.
o Resolve any issues or discrepancies with purchased materials, including
quality concerns or delivery delays.
- Cost Management:
o Analyze pricing trends, market conditions, and supplier performance to
identify cost-saving opportunities.
o Implement cost reduction strategies without compromising quality or
operational efficiency.
o Monitor and report on purchasing expenditures to ensure adherence to
budgetary constraints.
- Compliance and Documentation:
o Ensure compliance with company policies, procurement regulations, and
industry standards.
o Maintain accurate records of purchases, contracts, and supplier agreements for
audit and reference purposes.
o Stay updated on relevant regulations and industry best practices related to
procurement and supply chain management
- Imports Management:
o Oversee the importation process, including documentation, customs clearance,
and logistics coordination for materials sourced from international suppliers.
o Liaise with freight forwarders, customs brokers, and other relevant parties to
ensure timely and cost-effective importation of materials.
o Stay updated on import/export regulations, tariffs, and trade agreements to
minimize risks and optimize import processes.
- Estimation and Cost Analysis:
o Provide accurate cost estimations for materials, including factors such as
quantity, quality, freight, customs duties, and other associated costs.
o Conduct thorough cost analysis and market research to identify cost-saving
opportunities and negotiate favorable terms with suppliers.
o Collaborate with project managers and other stakeholders to develop and
refine project budgets based on estimations and procurement costs.
Interested Candidates can share their CV at
More Information
Job Type: Full-time
Pay: ₹10, ₹25,000.00 per month
Work Location: In person
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