Purchase Executive
7 days ago
Company Overview
Gamut HR Solutions is a recruiting firm headquartered in Hyderabad, committed to helping candidates find the right job opportunities. With a dedicated team of 2-10 employees, we focus on streamlining the recruitment process for job seekers and employers. For more information, visit our website at Gamut HR Solutions.
Job Overview
We are seeking a dedicated Purchase Executive for our Manufacturing Industrial division in Hyderabad. This is a full-time, mid-level position requiring 4 to 6 years of relevant experience. The candidate will play a key role in managing purchase orders, procurement, and supply chain efficiency through SAP systems.
Qualifications and Skills
- Proficiency in purchase order processing and procurement with SAP systems is mandatory for executing daily operational tasks efficiently.
- Must possess a comprehensive understanding of procurement cycles and the ability to manage the purchasing lifecycle effectively.
- Experience in inventory management to ensure that stock levels are maintained consistently to meet operational demands.
- Exceptional negotiation skills are required to achieve the best purchasing terms and pricing from vendors and suppliers.
- Competency in vendor management is essential to establish and maintain strong supplier relationships and contracts.
- Detail-oriented with robust analytical skills to oversee purchase requisitions and pricing agreements.
- Excellent communication skills to work collaboratively with the manufacturing and operational teams.
- Strong organizational skills to manage multiple tasks and projects within strict deadlines proactively.
Roles and Responsibilities
- Responsible for end-to-end purchase order processing, including SAP entries, tracking, and documentation management.
- Identify and evaluate new suppliers to expand the current vendor network and optimize supply chain operations.
- Manage inventory levels by coordinating with warehouse teams to forecast demand and adjust purchasing schedules.
- Conduct market research to keep abreast of market trends, supply options, and competitive pricing strategies.
- Negotiate terms, pricing, and delivery schedules with suppliers to secure advantageous deals for the company.
- Coordinate with finance and accounting departments to ensure smooth invoice processing and payment cycles.
- Monitor supplier performance through regular reviews and audits to ensure compliance with quality and delivery standards.
- Prepare reports on purchasing activities, supplier evaluations, and cost savings for management review.
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