PURCHASE EXECUTIVE

PURCHASE EXECUTIVE

JOB DESCRIPTION

Job Summary

We is seeking a meticulous and strategic Purchase Executive to join our dynamic procurement team. The successful candidate will be responsible for managing the end-to-end procurement lifecycle, from sourcing and negotiation to delivery and inventory management. This role is critical to our operational efficiency, requiring a professional who can secure high-quality goods and services at the most competitive terms, ensuring our production and operational needs are met without interruption.

Key Responsibilities

• Supplier Sourcing & Management

o Identify, evaluate, and select suppliers based on a comprehensive analysis of price, quality, service, and delivery capabilities.

o Develop and maintain strong, long-term relationships with key suppliers.

o Conduct regular supplier performance evaluations and lead resolution for any quality or service issues.

• Negotiation & Cost Control:

o Lead negotiations for contracts, pricing, and payment terms to achieve optimal value for the company.

o Continuously seek cost-reduction opportunities without compromising on quality or delivery timelines.

• Procurement & Order Management:

o Process purchase requisitions and issue purchase orders in accordance with company policy.

o Ensure the timely and accurate delivery of all materials and services to meet production and project schedules.

o Maintain meticulous records of all transactions, including purchase orders, delivery confirmations, and invoices.

• Inventory & Supply Chain Collaboration:

o Monitor inventory levels to prevent stockouts and minimize carrying costs.

o Collaborate closely with production, planning, and logistics teams to forecast demand and align procurement activities.

• Market Intelligence & Compliance:

o Stay informed about market trends, commodity pricing, and new product innovations.

o Ensure all procurement activities adhere to industry regulations and company policies.

• Key Skills Required:

· Proven experience in supplier management and negotiation.

· Strong understanding of inventory management and supply chain principles.

· Proficiency with procurement software/ERP systems.

· Excellent communication and organizational skills.

· High attention to detail and analytical thinking.

Job Type: Full-time

Pay: ₹25,000.00 - ₹38,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person