Purchase Executive/Senior

As a Purchase Executive, you will be responsible for overseeing the procurement process, managing supplier relationships, and ensuring that the company acquires goods and services at the best possible prices. This role requires strategic planning, negotiation skills, and a deep understanding of market trends to optimize purchasing decisions. Key Responsibilities: - Develop and implement purchasing strategies to optimize costs and quality. - Manage supplier relationships and negotiate contracts to ensure favorable terms. - Analyze market trends and supplier performance to inform purchasing decisions. - Collaborate with other departments to forecast demand and align purchasing activities. - Monitor inventory levels and coordinate with logistics for timely delivery. - Prepare and manage the purchasing budget to ensure adherence to financial targets. - Lead and mentor the purchasing team to enhance their skills and performance. - Ensure compliance with company policies and legal regulations in procurement activities. Qualifications: - Bachelor's degree in Business Administration, Supply Chain Management, or related field. - Minimum 1+ years of experience in procurement or purchasing management. - Proven track record of successful negotiations and supplier management. - Strong analytical skills and proficiency in data analysis tools. - Experience in managing budgets and financial forecasting. - Ability to work in a fast-paced environment and manage multiple priorities. In addition to the above, the following skills are required: - Strong negotiation skills - Excellent communication skills - Analytical thinking - Market research proficiency - Supplier relationship management - Budget management - Team leadership - Problem-solving abilities,