Purchase Executive

3 - 5 years

1 - 2 Lacs

Posted:3 weeks ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

Key Responsibilities

  • Research and identify potential vendors, comparing and evaluating offers.
  • Negotiate contract terms, pricing, and agreements with suppliers.
  • Track purchase orders and ensure timely delivery of materials.
  • Review and ensure quality standards of purchased products.
  • Accurately enter order details (vendors, quantities, prices) into internal databases.
  • Maintain up-to-date records of purchases, delivery information, and invoices.
  • Prepare purchase reports, including

    cost analyses

    and financial comparisons.
  • Monitor stock levels and place timely orders to avoid shortages.
  • Coordinate with warehouse staff for proper storage of materials.
  • Attend trade shows and exhibitions to stay updated on industry trends.

Requirements

  • Proven work experience as a

    Purchasing Officer/Agent/Executive

    or similar role.
  • Strong knowledge of

    vendor sourcing, evaluation, and negotiation practices

    .
  • Good understanding of

    supply chain and procurement procedures

    .
  • Strong analytical skills with the ability to prepare financial reports and cost analyses.
  • Excellent negotiation and vendor relationship management skills.
  • Bachelors degree in

    Logistics, Business Administration, or a related field

    .
  • 2- 3 years of relevant experience

    is required.
  • MBA/PGDM qualification will be an added advantage.

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