Sr. Purchase Executive

As a Purchase Executive, your role involves managing the procurement process by sourcing equipment, goods, and services in a timely and cost-effective manner. Your expertise in supplier management, market analysis, and negotiation will contribute to the company's strategic objectives, particularly in the manufacturing sector. - 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. Qualifications Required: - Any degree - 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. The salary range for this position is 25,000 to 30,000 per month, based on experience and qualifications. This is a full-time job located in Kochi, Kerala. You should have the ability to reliably commute or plan to relocate before starting work. In addition, the company requires you to have a Bachelor's degree (Preferred) and a total of 2 years of work experience.,