Purchase Executive

Role: Purchase Executive

A Purchase Executive plays a pivotal role in managing an organization's procurement activities. They are responsible for sourcing, negotiating, and acquiring goods and services essential for smooth business operations, ensuring quality, cost-efficiency, and timely delivery.

Key Responsibilities:

1. Vendor Management:

• Identify and evaluate potential suppliers.
• Build and sustain relationships with vendors.
• Monitor supplier performance and address any issues.

2. Procurement Planning:

• Assess procurement needs based on inventory and production requirements.
• Develop and execute procurement strategies to meet organizational goals.

3. Negotiation and Contracting:

• Negotiate prices, payment terms, and delivery timelines.
• Prepare and review purchase agreements and contracts.

4. Order Management:

• Place and track purchase orders to ensure accuracy.
• Coordinate with suppliers to guarantee timely delivery of goods.

5. Budget Management:

• Oversee procurement budgets and monitor expenses.
• Identify and implement cost-saving opportunities.

6. Compliance and Documentation:

• Ensure compliance with organizational policies and relevant regulations.
• Maintain accurate and comprehensive records of purchases, contracts, and correspondence.

7. Market Research:

• Analyze market trends, pricing, and supplier capabilities.
• Explore new products and alternative sourcing options to enhance efficiency.

Skills Required:

• Strong negotiation and analytical abilities.
• Proficiency in procurement and inventory management software.
• Excellent communication and interpersonal skills.
• Sound understanding of supply chain management and market dynamics.

This role is ideal for candidates with 2 to 5 years of experience in procurement or supply chain management in Real Estate, who are adept at fostering relationships, streamlining processes, and driving cost efficiencies.

Job Type: Full-time

Pay: ₹25,000.00 - ₹45,000.00 per month

Benefits:

• Health insurance

Work Location: In person