Purchase Executive

Job Description

Job Title: Purchase Executive We are looking for a candidate who has 1+ years of experience and have been involved in purchasing materials both from Domestic as well as International Vendors. Key Responsibilities : 1 . Vendor Management : Identify, evaluate, and establish relationships with reliable vendors and suppliers for direct purchases. Negotiate contracts, pricing, terms, and delivery schedules with suppliers. 2. Procurement Planning : Analyze and forecast purchase requirements based on organizational needs. Maintain an optimal inventory level to ensure timely availability of raw materials or goods. 3. Order Management : Create and process purchase orders (POs) for direct procurement. Ensure timely approval, dispatch, and tracking of POs to completion. 4. Compliance & Documentation : Ensure all purchase activities adhere to the companys policies and government regulations. Maintain proper documentation for procurement processes, vendor agreements, and transactions. 5. Cost Optimization : Identify opportunities for cost savings through effective negotiation and bulk purchase strategies. Monitor market trends to predict material price fluctuations. 6. Coordination & Communication : Work closely with the operations, finance, and logistics teams to ensure seamless purchase processes. Address supplier queries and resolve any procurement-related issues. 7. Quality Assurance : Ensure purchased items meet the organizations quality standards. o Coordinate quality checks with relevant teams upon receiving goods. Qualifications : • Bachelor’s degree in Business, Supply Chain Management,Engineering or a related field. • Prior experience (2+ years) in procurement or purchasing, especially in direct purchasing roles. • Strong negotiation, communication, and problem-solving skills. Skills: Proficiency in ERP or procurement management tools. Familiarity with supplier evaluation techniques and purchase policies. Analytical skills for budget and cost analysis. Interested candidates please share your resumes on this whatsapp number - 9686659427 or on this email id : Nayantara.s@tiflabs.in