Purchase Executive

2 weeks ago

Tiruvallur Chennai Tamil Nadu, India MULTIFAB ENGINEERS PRVATE LIMITED Full time

A purchase executive's main roles are managing the procurement process, which includes sourcing suppliers, negotiating contracts, and placing purchase orders to ensure the company acquires goods and services cost-effectively and efficiently. Their responsibilities also involve managing inventory, tracking orders, resolving issues with vendors, and collaborating with internal departments to meet their purchasing needs.

Key responsibilities

  • Supplier management:
  • Identify, evaluate, and select suppliers based on quality, price, and delivery timelines.
  • Negotiate contracts and pricing with vendors to get the best terms.
  • Build and maintain strong relationships with suppliers.
  • Procurement process:
  • Manage the entire procurement cycle, from initial request to final delivery.
  • Prepare and process purchase orders and other necessary documents.
  • Develop and implement procurement strategies.
  • Order and inventory management:
  • Monitor and track the status of all purchase orders to ensure timely delivery.
  • Manage inventory levels to ensure adequate stock and optimize costs.
  • Handle discrepancies such as incorrect, under, or over-ordered items.
  • Collaboration and reporting:
  • Collaborate with other internal departments to understand their procurement needs.
  • Maintain accurate records of purchases, pricing, and supplier performance.
  • Prepare and present reports on purchasing activities and budget status.
  • Compliance and analysis:
  • Ensure purchases comply with company policies and regulatory requirements.
  • Stay updated on market trends and new procurement methods.

Job Types: Full-time, Permanent, Fresher

Pay: ₹20, ₹35,000.00 per month

Benefits:

  • Food provided
  • Health insurance
  • Life insurance
  • Provident Fund

Work Location: In person

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