Purchase Executive

A Purchase Executive responsible for managing and coordinating all procurement activities to ensure an efficient and cost-effective supply chain. This includes sourcing and selecting suppliers, negotiating contracts, managing purchase orders, tracking deliveries, and maintaining accurate records. They also play a crucial role in inventory management, cost control, and ensuring quality standards are met.
1. Sourcing and Supplier Management:

• Identifying and evaluating potential suppliers based on quality, price, and delivery timelines.
• Developing and implementing sourcing strategies for assigned categories.
• Negotiating contracts, pricing agreements, and terms with vendors.
• Maintaining strong relationships with suppliers and managing their performance.

2. Procurement Operations:

• Creating and processing purchase orders.
• Tracking orders and ensuring timely delivery of materials.
• Monitoring inventory levels and optimizing stock levels.
• Managing inventory and ensuring adequate stock availability.
• Coordinating with various departments to understand their procurement needs.
• Resolving any procurement-related issues or disputes.

3. Cost Control and Optimization:

• Identifying cost-saving opportunities and implementing cost reduction initiatives.
• Monitoring and analyzing market trends to identify potential cost-saving opportunities.
• Ensuring compliance with company policies and regulatory requirements.
• Maintaining accurate records of purchases, pricing, and supplier information.

4. Quality Assurance:

• Ensuring the quality of purchased products and materials.
• Reviewing the quality of purchased products.
• Working with quality control teams to address any quality issues.

5. Reporting and Analysis:

• Preparing reports on purchases, including cost analyses.
• Analyzing market trends and pricing to identify potential cost-saving opportunities.
• Maintaining accurate records of purchases, pricing, and supplier information.

6. Collaboration and Communication:

• Collaborating with internal stakeholders and cross-functional teams.
• Communicating effectively with suppliers and internal teams.

In essence, the Purchase Executive is responsible for ensuring a smooth and efficient procurement process, from identifying needs to receiving and managing the purchased goods. They play a vital role in cost management, supplier relationships, and maintaining the overall supply chain.

Job Type: Full-time

Pay: ₹15,000.00 - ₹20,000.00 per month

Benefits:

• Cell phone reimbursement
• Food provided
• Provident Fund

Work Location: In person