Purchase Executive ( Chandigarh)

Mail:- [HIDDEN TEXT]
Purchase Executive job description involves managing the procurement process to acquire goods and services at the best possible price while meeting quality standards and deadlines. Key responsibilities include sourcing and evaluating suppliers, negotiating contracts, processing purchase orders, managing inventory, and collaborating with other departments like finance and operations. Key responsibilitiesSupplier and vendor management: Identify, evaluate, and develop relationships with new and existing suppliers based on criteria like quality, cost, and reliability. Procurement and sourcing: Conduct market research to find the best suppliers and negotiate contracts and pricing. Order and inventory management: Create, review, and process purchase orders, track orders to ensure timely delivery, and monitor stock levels to maintain optimal inventory. Quality assurance: Establish and ensure quality standards for purchased goods and services and address any issues with non-supplied or damaged goods. Cost management: Analyze costs to optimize budgets and ensure purchases are made cost-effectively. Reporting and administration: Maintain records of purchases, process invoices, and prepare reports on purchasing activities, including cost analyses. Cross-functional collaboration: Work with other departments to understand their needs and ensure smooth operations. Required skills and qualificationsStrong negotiation skills.Attention to detail.Analytical and reporting skills.Knowledge of supply chain procedures.Proficiency in using purchasing software (e.g., SAP) is often required.A bachelor's degree in a related field like business or supply chain management is often preferred.Previous experience in procurement or a related field is highly valued.