Purchase Executive

Job Title: Purchase Executive (Female Candidates Only) Job Summary: We are seeking a highly motivated and detail-oriented female Purchase Executive to join our team. The Purchase Executive will be responsible for procuring goods and services essential for our business operations, ensuring cost-effectiveness, quality, and timely delivery. This role involves strategic sourcing, vendor management, negotiation, and maintaining strong supplier relationships. Responsibilities: Sourcing and Vendor Identification: Research and identify potential suppliers for various goods and services based on quality, price, reliability, and other critical factors. Vendor Evaluation and Selection: Evaluate supplier capabilities, conduct due diligence, and recommend the most suitable vendors. Negotiation: Lead negotiations with suppliers to secure favorable prices, payment terms, contracts, and service agreements. Purchase Order Processing: Prepare and issue purchase orders accurately and efficiently, ensuring all specifications and requirements are clearly communicated. Supplier Relationship Management: Build and maintain strong, collaborative relationships with key suppliers, acting as the primary point of contact for procurement-related matters. Inventory Monitoring (if applicable): Track inventory levels of purchased goods, anticipate future needs, and ensure timely procurement to meet demand. Cost Analysis and Savings: Analyze purchase data, identify cost-saving opportunities, and implement strategies to optimize procurement spending. Quality Coordination: Collaborate with quality assurance teams to ensure that purchased materials and services meet the required quality standards. Logistics and Delivery Follow-up: Monitor the status of orders, coordinate with suppliers and internal teams to ensure timely delivery, and resolve any discrepancies. Documentation and Compliance: Maintain accurate and organized procurement records, ensuring compliance with company policies and relevant regulations. Market Research: Stay informed about market trends, price fluctuations, and new suppliers or products within relevant categories. Internal Collaboration: Work closely with other departments (e.g., Production, Finance, Logistics) to understand their procurement needs and ensure alignment. Qualifications and Skills: Education: Bachelor's degree in Business Administration, Supply Chain Management, Economics, or a related field. Experience: 1-3 years of proven experience in a purchasing or procurement role. Negotiation Expertise: Demonstrated ability to negotiate effectively and achieve cost-efficient procurement outcomes. Communication Proficiency: Excellent written and verbal communication skills for effective interaction with suppliers and internal stakeholders. Analytical Acumen: Strong analytical skills to interpret data, identify trends, and make informed purchasing decisions. Organizational Prowess: Exceptional organizational and time-management skills to manage multiple priorities and meet deadlines. Attention to Detail: High level of accuracy and attention to detail in all procurement processes. Problem-Solving Abilities: Ability to identify and resolve procurement-related challenges efficiently. Technical Familiarity: Proficiency in using procurement software, ERP systems, and Microsoft Office Suite (especially Excel). Industry Awareness: Knowledge of relevant industry best practices and market dynamics. Ethical Standards: Commitment to maintaining high ethical standards in all procurement activities. Job Type: Full-time Pay: ₹30,000.00 - ₹35,000.00 per month Schedule: Day shift Work Location: In person