Purchase Executive

Job Description:

Job Summary:

The Purchase Execu ve will be responsible for sourcing, nego a ng, and procuring materials, supplies, and services necessary for the smooth opera on of the company. The role involves developing and maintaining strong rela onships with suppliers, ensuring mely delivery, and opmizing purchasing costs without compromising on quality. The candidate will also coordinate with various departments to understand material requirements and maintain an effective procurement process.

Procurement of Materials: o Source and procure materials, products, and services required by various departments. o Ensure that materials are procured within the required meline and budget.

Vendor Management: o Iden fy, evaluate, and establish rela onships with suppliers and vendors. o Nego ate favorable terms (pricing, quality, delivery, and payment terms) with suppliers. o Manage vendor contracts, agreements, and rela onships to ensure long-term partnerships.

Inventory Management: o Monitor stock levels and place orders as necessary to maintain opmal inventory. o Ensure that inventory is maintained at appropriate levels to prevent stock shortages or overstocking.

Cost Control: o Implement cost-saving strategies in procurement without compromising quality. o Regularly review and analyze purchasing pa erns to find areas for poten al cost reduc ons.

Purchase Orders and Documenta on: o Prepare and process purchase orders, ensuring accuracy in terms of specifica ons, quan ty, and pricing. o Maintain accurate records of all transac ons, purchase orders, supplier agreements, and invoices.

Supplier Evalua on and Audits: o Evaluate supplier performance regularly based on criteria like delivery me, quality of products, and service. o Conduct periodic supplier audits to ensure compliance with quality standards and company policies.

Market Research: o Stay updated on market trends, new products, and changes in prices to make informed procurement decisions. o Conduct market research to iden fy poten al suppliers and gather informa on on market pricing

Job Types: Full-time, Permanent

Work Location: In person

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹31,997.09 per month

Work Location: In person