Purchase Officer

A Purchase Executive is responsible for managing the procurement process, including sourcing, negotiating, and acquiring goods and services to ensure the organization operates efficiently and cost-effectively. Key Responsibilities

• Sourcing and Procurement: Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships to secure the best pricing and quality for goods and services.
• Inventory Management: Monitor inventory levels, forecast demand, and ensure adequate stock availability to meet operational needs.
• Market Research: Conduct market research to stay updated on industry trends, pricing, and product innovations, ensuring competitive procurement strategies.
• Collaboration: Work closely with various departments to understand their procurement needs and align purchasing strategies with organizational goals.
• Compliance and Record Keeping: Maintain accurate records of purchases, pricing, and supplier performance, ensuring compliance with company policies and regulatory requirements.

Required Skills and Qualifications

• Educational Background: A bachelor's degree in Business Administration, Supply Chain Management, or a related field is typically required.
• Experience: Proven experience in procurement or purchasing roles, with a strong understanding of supply chain management.
• Analytical Skills: Strong analytical and negotiation skills to assess suppliers and market conditions effectively.
• Communication Skills: Excellent verbal and written communication skills to facilitate negotiations and collaboration with suppliers and internal teams.
• Technical Proficiency: Familiarity with procurement software and tools, as well as proficiency in Microsoft Office Suite

Job Types: Full-time, Permanent

Pay: ₹25, ₹40,000.00 per month

Benefits:

• Cell phone reimbursement
• Food provided
• Health insurance
• Paid sick time
• Paid time off
• Provident Fund

Work Location: In person