Purchase Executive
1 week ago
Role & responsibilities :
- Material Procurement: Identify and source materials, goods, and services required for production in a timely manner to meet manufacturing deadlines.
- Vendor Management: Establish and maintain strong relationships with suppliers and vendors. Negotiate prices, payment terms, and delivery schedules.
- Purchase Orders: Prepare and process purchase orders, ensuring accuracy and compliance with company policies.
- Inventory Control: Monitor stock levels and ensure continuous supply to prevent production delays. Coordinate with the production team to align procurement needs with production schedules.
- Cost Optimization: Regularly review procurement processes to identify opportunities for cost reduction without compromising on quality or delivery times.
- Documentation & Reporting: Maintain accurate records of all procurement transactions, including vendor contracts, pricing, and delivery schedules. Generate regular reports on procurement activities for management review.
- Quality Assurance: Ensure all purchased materials meet quality standards and specifications. Work closely with the Quality Assurance team to resolve any quality-related issues.
- Market Research: Stay updated on market trends, pricing fluctuations, and supplier innovations to ensure competitive sourcing strategies.
- Compliance: Ensure adherence to procurement policies, industry regulations, and sustainability practices in all procurement activities.
Preferred candidate profile :
- Education: Any Gradute
- Experience: 4-6 years of experience in procurement or purchasing, preferably in the manufacturing industry.
- Technical Skills: Proficient in Microsoft Office Suite (Excel, Word, PowerPoint). Familiarity with ERP software & Tally.
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