Purchase Executive

4 days ago

Hyderabad, Telangana, India Gamut HR Solutions Full time ₹ 8,00,000 - ₹ 12,00,000 per year

Company Overview

Gamut HR Solutions is a dedicated HR service provider headquartered in Hyderabad. The company aims to connect individuals with the right professional opportunities, focusing on personalized support in the job search process. With a close-knit team of 2-10 employees, Gamut HR Solutions offers tailored services to meet the unique needs of job seekers. To learn more about their services, visit Gamut HR Solutions.

Job Overview

The Purchase Executive at Gamut HR Solutions will play a vital role in managing procurement activities within the manufacturing sector. This full-time, mid-level position is based in Hyderabad and requires candidates with 4 to 6 years of relevant experience. The ideal candidate will exhibit a strong grasp of materials management and vendor relations to ensure seamless production operations.

Qualifications and Skills

  • Proficiency in SAP MM (Materials Management), vendor management, and contract negotiation (Mandatory skill).
  • Thorough knowledge of supply chain management principles to optimize the procurement process efficiently.
  • Expertise in cost analysis, helping the organization minimize procurement expenses and maximize value.
  • Strong skills in Microsoft Excel for data analysis, inventory tracking, and reporting purposes.
  • Experience in inventory management to maintain optimal stock levels and reduce unnecessary expenditures.
  • A talent for identifying, negotiating, and securing favorable terms with suppliers to ensure consistent supply lines.
  • Excellent communication skills to liaise effectively with internal teams and external vendors.
  • Ability to work independently and collaborate within a team, adapting to changing project requirements and deadlines.

Roles and Responsibilities

  • Oversee the purchasing function, ensuring all materials are procured in a timely and cost-effective manner.
  • Evaluate supplier options, negotiate contracts, and establish agreements that enhance the company's purchasing power.
  • Maintain accurate purchase records, monitor inventory status, and adjust orders based on production demand.
  • Collaborate with the production and finance teams to align procurement with budgetary and operational goals.
  • Develop and maintain strong vendor relationships, addressing any issues proactively to prevent supply chain disruptions.
  • Analyze market trends to anticipate price fluctuations and optimize procurement strategies accordingly.
  • Ensure adherence to legal and company policies regarding procurement contracts and supplier interactions.
  • Contribute to process improvements that increase the efficiency and accuracy of purchasing activities.

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