Purchase Executive

A purchase executive's main roles are managing the procurement process, which includes sourcing suppliers, negotiating contracts, and placing purchase orders to ensure the company acquires goods and services cost-effectively and efficiently. Their responsibilities also involve managing inventory, tracking orders, resolving issues with vendors, and collaborating with internal departments to meet their purchasing needs.

Key responsibilities

• Supplier management:
• Identify, evaluate, and select suppliers based on quality, price, and delivery timelines.
• Negotiate contracts and pricing with vendors to get the best terms.
• Build and maintain strong relationships with suppliers.
• Procurement process:
• Manage the entire procurement cycle, from initial request to final delivery.
• Prepare and process purchase orders and other necessary documents.
• Develop and implement procurement strategies.
• Order and inventory management:
• Monitor and track the status of all purchase orders to ensure timely delivery.
• Manage inventory levels to ensure adequate stock and optimize costs.
• Handle discrepancies such as incorrect, under, or over-ordered items.
• Collaboration and reporting:
• Collaborate with other internal departments to understand their procurement needs.
• Maintain accurate records of purchases, pricing, and supplier performance.
• Prepare and present reports on purchasing activities and budget status.
• Compliance and analysis:
• Ensure purchases comply with company policies and regulatory requirements.
• Stay updated on market trends and new procurement methods.

Job Types: Full-time, Permanent, Fresher

Pay: ₹20,000.00 - ₹35,000.00 per month

Benefits:

• Food provided
• Health insurance
• Life insurance
• Provident Fund

Work Location: In person