Purchase Executive

• A Purchase Executive manages the procurement process, sourcing and acquiring goods and services for a company.
• They negotiate with suppliers, manage purchase orders, and ensure timely delivery of materials.
• Their role also involves maintaining accurate records, monitoring inventory, and analyzing market trends to identify cost-saving opportunities. Key Responsibilities:
• Sourcing and Supplier Management: Identifying potential suppliers, evaluating their capabilities, and negotiating favorable terms and contracts.
• Purchase Order Management: Creating, processing, and tracking purchase orders, ensuring accuracy and compliance with company policies.
• Inventory Management: Monitoring inventory levels, forecasting demand, and implementing strategies to optimize stock management and minimize costs.
• Cost Management: Identifying cost-saving opportunities through supplier negotiations, market research, and analysis of spending patterns.
• Relationship Management: Building and maintaining strong relationships with suppliers to foster collaboration and ensure reliable supply chains.
• Compliance: Ensuring all procurement activities comply with company policies, legal requirements, and ethical standards.
• Collaboration: Working with internal departments to understand their procurement needs and specifications.
• Record Keeping: Maintaining accurate records of purchases, pricing, supplier information, and other relevant data.
• Required Skills: Strong negotiation and communication skills.
• Excellent analytical and problem-solving abilities. Proficiency in using procurement software and tools.
• Knowledge of supply chain management principles and best practices. Ability to work independently and as part of a team.
• Attention to detail and accuracy. Understanding of contract law and negotiation principles. Experience in managing budgets and tracking expenses.
• Education and Experience: A bachelor's degree in supply chain management, business administration, or a related field is typically required.
• Several years of experience in a procurement or purchasing role is usually necessary.
• Specific industry experience may be required depending on the company and its products or services.
• Tamil candidates only

Job Type: Permanent

Pay: ₹9,374.46 - ₹31,913.13 per month

Benefits:

• Food provided

Work Location: In person