Purchase Executive
1 day ago
Role: Purchase Executive
A Purchase Executive plays a pivotal role in managing an organization's procurement activities. They are responsible for sourcing, negotiating, and acquiring goods and services essential for smooth business operations, ensuring quality, cost-efficiency, and timely delivery.
Key Responsibilities:
1. Vendor Management:
- Identify and evaluate potential suppliers.
- Build and sustain relationships with vendors.
- Monitor supplier performance and address any issues.
2. Procurement Planning:
- Assess procurement needs based on inventory and production requirements.
- Develop and execute procurement strategies to meet organizational goals.
3. Negotiation and Contracting:
- Negotiate prices, payment terms, and delivery timelines.
- Prepare and review purchase agreements and contracts.
4. Order Management:
- Place and track purchase orders to ensure accuracy.
- Coordinate with suppliers to guarantee timely delivery of goods.
5. Budget Management:
- Oversee procurement budgets and monitor expenses.
- Identify and implement cost-saving opportunities.
6. Compliance and Documentation:
- Ensure compliance with organizational policies and relevant regulations.
- Maintain accurate and comprehensive records of purchases, contracts, and correspondence.
7. Market Research:
- Analyze market trends, pricing, and supplier capabilities.
- Explore new products and alternative sourcing options to enhance efficiency.
Skills Required:
- Strong negotiation and analytical abilities.
- Proficiency in procurement and inventory management software.
- Excellent communication and interpersonal skills.
- Sound understanding of supply chain management and market dynamics.
This role is ideal for candidates with 2 to 5 years of experience in procurement or supply chain management in Real Estate, who are adept at fostering relationships, streamlining processes, and driving cost efficiencies.
Job Type: Full-time
Pay: ₹25, ₹45,000.00 per month
Benefits:
- Health insurance
Work Location: In person
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