Purchase Executive

We are seeking a diligent and detail-oriented Purchase Executive to support our procurement team. The ideal candidate will have a foundational understanding of purchase order creation, quotation preparation, price negotiation, costing, and other purchasing activities. The Purchase Executive will play a crucial role in ensuring smooth and efficient procurement operations.

Key Responsibilities:

1. Purchase Order Creation:

o Assist in preparing and processing purchase orders.

o Verify purchase requisitions and orders for accuracy and completeness.

o Ensure timely and accurate issuance of purchase orders to vendors.

2. Quotation Preparation:

o Request quotations from suppliers and vendors.

o Prepare and compare quotations to ensure the best value for the company.

o Maintain a database of supplier quotations for reference.

3. Price Negotiation:

o Assist in negotiating prices, terms, and conditions with suppliers.

o Ensure the company secures the best possible pricing and terms.

4. Costing:

o Support in the preparation and analysis of cost estimates.

o Track and report on cost variations and manage cost control initiatives.

5. Vendor Management:

o Maintain positive relationships with suppliers and vendors.

o Assist in evaluating vendor performance based on quality, delivery, and pricing.

o Resolve any issues related to orders, delivery, or billing discrepancies.

6. Inventory Management:

o Monitor and manage inventory levels to ensure adequate stock.

o Assist in conducting regular inventory audits.

7. Documentation and Reporting:

o Maintain accurate and up-to-date procurement records and documentation.

o Prepare regular reports on procurement activities, savings, and vendor performance.

8. Compliance:

o Ensure all procurement activities comply with company policies and procedures.

o Stay updated on industry best practices and regulatory requirements.

Job Type: Full-time

Pay: ₹20,000.00 - ₹30,000.00 per month

Work Location: In person