Purchase Executive

Job Summary:We are seeking a detail-oriented and proactive Purchase Executive to manage procurement activities for our organization. The successful candidate will be responsible for sourcing, negotiating, and purchasing materials, goods, and services to meet operational requirements, ensuring cost-effectiveness, quality, and timely delivery. Key Responsibilities:Source and evaluate suppliers/vendors based on price, quality, and delivery speed. Negotiate terms and conditions with suppliers to ensure favorable pricing and delivery timelines. Create and process purchase orders (POs) in accordance with company policies. Maintain accurate records of purchases, pricing, and other important data. Monitor inventory levels and coordinate with warehouse/production teams to avoid shortages or excesses. Follow up with vendors regarding delivery schedules and resolve any supply issues or delays. Ensure compliance with procurement policies and procedures. Prepare reports on purchases, supplier performance, and cost analysis. Maintain good relationships with existing suppliers and identify new potential vendors