
Purchase Executive
3 days ago
Key Responsibilities
- Research and identify potential vendors, comparing and evaluating offers.
- Negotiate contract terms, pricing, and agreements with suppliers.
- Track purchase orders and ensure timely delivery of materials.
- Review and ensure quality standards of purchased products.
- Accurately enter order details (vendors, quantities, prices) into internal databases.
- Maintain up-to-date records of purchases, delivery information, and invoices.
- Prepare purchase reports, including cost analyses and financial comparisons.
- Monitor stock levels and place timely orders to avoid shortages.
- Coordinate with warehouse staff for proper storage of materials.
- Attend trade shows and exhibitions to stay updated on industry trends.
Requirements
- Proven work experience as a Purchasing Officer/Agent/Executive or similar role.
- Strong knowledge of vendor sourcing, evaluation, and negotiation practices.
- Good understanding of supply chain and procurement procedures.
- Strong analytical skills with the ability to prepare financial reports and cost analyses.
- Excellent negotiation and vendor relationship management skills.
- Bachelors degree in Logistics, Business Administration, or a related field.
- 2- 3 years of relevant experience is required.
- MBA/PGDM qualification will be an added advantage.
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