Purchase Executive

AI ModeAllImagesVideosNewsShort videosShoppingMoreToolsAI OverviewA Purchase Executive's job description includes sourcing and evaluating suppliers, negotiating contracts, preparing purchase orders, and managing inventory to ensure timely delivery of goods and services that meet quality and budget requirements. Key responsibilities also involve collaborating with internal departments, maintaining accurate records, and conducting market research to optimize procurement processes and costs. Key Responsibilities

• Supplier Management: Identify, evaluate, and develop relationships with new and existing suppliers. Negotiate contracts, pricing, and terms to ensure cost-effectiveness.
• Procurement and Ordering: Manage the end-to-end purchasing process, from requisition to delivery. Prepare and process purchase orders and other necessary documents.
• Inventory and Logistics: Monitor and manage inventory levels, ensuring timely reordering and preventing stockouts. Coordinate with logistics teams for efficient delivery.
• Internal Collaboration: Work with internal departments (e.g., finance, production, projects) to understand their purchasing needs and align procurement activities.
• Record Keeping and Reporting: Maintain accurate and up-to-date records of purchases, pricing, and supplier performance. Prepare reports on purchasing activities, including cost analyses and budget status.
• Market and Compliance: Stay informed about market trends, best practices, and new procurement methods. Ensure all procurement activities comply with company policies, budgets, and relevant regulations.
• Issue Resolution: Resolve any issues or discrepancies with suppliers, orders, or deliveries.

Key Skills

• Strong negotiation and communication skills
• Excellent organizational and time management skills
• Solid analytical skills and attention to detail
• Knowledge of procurement processes, supply chain procedures, and market trends
• Proficiency with purchasing software (e.g., SAP) is often a plus

Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹30,000.00 per month