Purchase Executive
Found in: Talent IN C2 - 2 weeks ago
KeyResponsibilities:
- Identify potentialsuppliers and source the best quality products at the mostcompetitive prices.
- Negotiate with vendors tosecure advantageous terms anddiscounts.
- Coordinate with various departmentsto determine their purchasing needs andrequirements.
- Review and process purchaseorders ensuring accuracy and compliance with companypolicies.
- Monitor inventory levels and ensuretimely replenishment of stock.
- Assess supplierperformance and address issues to maintain a reliable supplychain.
- Manage relationships with existing andnew suppliers fostering longtermpartnerships.
- Stay updated on industry trendsmarket conditions and productinnovations.
- Collaborate with the financedepartment to reconcile invoices and resolvediscrepancies.
- Participate in budgeting andcost optimization efforts.
- Utilize procurementsoftware and systems to streamline purchasingprocesses.
- Ensure compliance with relevantregulations and ethical standards.
- Conduct riskassessments and implement strategies to mitigate supply chaindisruptions.
- Prepare and present reports onpurchasing activities savings and performancemetrics.
RequiredQualifications:
- Bachelor s degree inBusiness Administration Supply Chain Management or a relatedfield.
- Proven experience as a PurchaseExecutive or in a similar procurementrole.
- Demonstrated knowledge of procurementbest practices contract negotiation and purchasingstrategies.
- Strong analytical skills with theability to interpret market trends and pricingdata.
- Excellent communication and negotiationabilities.
- Proficiency in using procurementsoftware and MS Office applications.
- Ability toprioritize tasks and work effectively in a fastpacedenvironment.
- Understanding of inventorymanagement principles and supply chainlogistics.
- Detailoriented with a focus onaccuracy and quality in purchasingprocesses.
- Sound decisionmaking skills and theability to solve problemsefficiently.
- Familiarity with legal andregulatory requirements related toprocurement.
- Proactive and resultsdriven with afocus on achieving cost savings and operationalefficiency.
- Capability to work collaborativelyin a crossfunctional teamenvironment.
- Professional certification inprocurement or supply chain management is aplus.
- Flexibility to travel for supplier visitsand industry events asneeded.
communication,vendormanagement,supply chain management,purchasing,purchasingprocesses
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