Purchase Executive

As a Mid-Level Purchase Executive at our West Delhi location, you will play a crucial role in managing the procurement process, overseeing vendor activities, and ensuring all purchasing activities are conducted smoothly and efficiently. Your proactive approach, strong negotiation skills, and keen eye for inventory management will be essential in this role. **Key Responsibilities:** - Manage the entire procurement process, from identifying requirements to negotiating contracts and finalizing purchases. - Develop and maintain positive relationships with existing suppliers and source new vendors for high-quality and cost-effective purchases. - Coordinate with internal teams to ensure clear understanding and forecasting of purchasing needs. - Analyze market trends to anticipate shifts in supply and demand for optimizing purchasing opportunities. - Monitor inventory levels to ensure adequate stock while minimizing excess and obsolete inventory. - Conduct regular audits of procurement processes to ensure compliance and efficiency. - Prepare and review purchase orders, ensuring accuracy and adherence to company policies. - Resolve supply discrepancies promptly to avoid critical business impact. **Qualifications and Skills:** - Proficient in procurement and vendor management, with the ability to analyze vendor proposals and determine the best value. - Experience in purchase order processing, ensuring timely and accurate order placements. - Strong negotiation skills with the capacity to secure favorable terms and pricing with suppliers. - Advanced proficiency in MS Excel for detailed data analysis and reporting, supporting inventory assessments. - Demonstrated experience in inventory management, maintaining optimal stock levels, and minimizing costs. - Effective risk assessment skills to identify potential procurement issues and develop mitigation strategies. - Excellent communication skills to liaise effectively with internal teams and external suppliers. - Detail-oriented with exceptional organizational and multitasking abilities.,