Purchase Executive-Vasai Wst

A Purchase Executive's job involves overseeing procurement, which includes sourcing, negotiating with, and managing suppliers to obtain goods and services, managing purchase orders, tracking inventory, and ensuring timely delivery while adhering to quality and budget requirements.

Key skills for this role are strong negotiation, communication, analytical skills, attention to detail, and proficiency with procurement software.

Key Responsibilities

• Vendor Management: Research, evaluate, and select potential suppliers, and maintain strong relationships with them.
• Negotiation: Negotiate contract terms, pricing, and delivery schedules with vendors to secure cost-effective deals.
• Procurement Process: Manage the entire procurement cycle, from raising purchase requisitions and orders to tracking deliveries and handling invoices.
• Inventory Control: Monitor inventory levels, manage stock replenishment, and handle issues with orders, such as non-supplied or damaged goods.
• Quality Assurance: Ensure that the purchased products and services meet the company's quality standards and specifications.
• Reporting: Prepare reports on purchases, costs, and supplier performance for management.
• Collaboration: Work with internal departments to understand their procurement needs and provide support.

Required Skills

• Negotiation & Communication: Essential for securing favorable terms and fostering good vendor relationships.
• Analytical Skills: Needed to analyze market trends, conduct cost analyses, and prepare reports.
• Attention to Detail: Critical for managing purchase orders, tracking deliveries, and maintaining accurate records.
• Inventory Management: Understanding principles to maintain optimal stock levels and prevent shortages.
• Procurement Software Proficiency: Familiarity with purchasing and inventory management software is often required.
• Organizational Skills: To manage multiple tasks and deadlines effectively.

Key Knowledge Areas

• Supply Chain Management: Understanding the entire supply chain process is crucial.
• Market Trends: Knowledge of industry trends helps in sourcing and selecting the best products and services.
• Contract Management: Ability to manage and understand contracts with suppliers.

Job Type: Full-time

Pay: ₹25,000.00 - ₹36,488.34 per month

Benefits:

• Provident Fund

Work Location: In person