Senior Purchase Executive

Job Summary

The Purchase Executive is responsible for managing the procurement process, including sourcing equipment, goods, and services while ensuring timely and cost-effective purchasing. This role requires expertise in supplier management, market analysis, and negotiation, contributing to the company’s strategic objectives. The ideal candidate will be a skilled negotiator with experience in inventory management, vendor relations, and procurement strategy, particularly in the manufacturing sector.

Key Responsibilities

Vendor Management:→ Develop and maintain strong relationships with suppliers to secure optimal terms.→ Regularly assess vendor performance to ensure the quality of supplied products.

Procurement Strategy:→ Develop and execute a comprehensive procurement strategy aligned with company goals.→ Collaborate with internal teams and stakeholders to clarify requirements and expectations.

Sourcing:→ Identify potential suppliers based on project needs.→ Negotiate pricing, quantity, and delivery terms to achieve the best value.

Purchase Order Management:→ Prepare and issue purchase orders in a timely manner.→ Monitor deliveries to ensure products are received on schedule.

Negotiation:→ Leverage negotiation skills to secure favorable terms with suppliers.

Market Analysis:→ Stay informed about market trends, pricing fluctuations, and supply challenges.→ Identify opportunities for cost reduction through strategic sourcing.

Quality Assurance:→ Ensure procured goods meet required quality standards.→ Collaborate with the Quality Control department for inspections and assessments.

Inventory Management:→ Track stock levels and initiate replenishment as needed.→ Work with inventory and sales teams to maintain accurate stock records.

Requirements

· Any degree

· Candidates only from Kerala

· 2 to 4 years of experience in procurement, purchasing, or supply chain roles.

· Experience in the manufacturing field is required.

· Experience with purchase order systems and inventory control software.

· Strong vendor management, negotiation, and procurement strategy skills.

· Excellent communication and relationship-building abilities.

· Ability to work both independently and as part of a team.

Salary Range: ₹30,000 to ₹35,000 per month, based on experience and qualifications.