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Purchase Executive
JOB_REQUIREMENTS
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Employment Type
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Company Location
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Salary
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Salary band: Negotiable
Job Type: Non-technical
Reports To: Chief Operating Officer / Director Biomedical / Imaging Division Head
Qualification:B.com/E & C
Experience: 1-3 years’ experience
Job Responsibility:
- Coordinate and manage the purchase of goods and services in a timely and cost-effective manner. 2. Ensure compliance with procurement policies and procedures.
- Maintain relationships with suppliers and negotiate prices and contracts.
- Create and track purchase orders, ensuring accurate delivery and documentation. 5. Perform vendor analysis and manage the vendor database.
- Monitor inventory levels and coordinate with relevant departments to avoid stock shortages. 7. Ensure timely payment of purchase invoices.
- Process invoices and ensure they are correctly recorded in the accounting system. 9. Assist in the preparation of monthly, quarterly, and annual financial reports.
- Reconcile supplier accounts and resolve discrepancies.
- Monitor expenses and help maintain the company’s budget.
- Process payments and maintain accurate financial records.
- Assist in audits and provide necessary documentation as requested.
- Maintain Monthly Record of short shipment from supplier
- Faulty item/QC failed item return and repair register
- Supplier Audit data and Performance rating data to be prepare
- Coordination with supplier – for GST Verification and MSME compliance
- Order Board and Item Request tracking – status of order
AUTHORITIES
- Identify, evaluate, and approve suppliers based on quality, pricing, and reliability.
- Negotiate prices, payment terms, and delivery schedules with vendors to optimize costs.
- Finalize procurement contracts and agreements while ensuring compliance with company policies.
- Ensure purchases align with the company’s budget and cost-saving strategies.
- Manage and maintain strong relationships with suppliers for long-term business partnerships.
- Ensure procurement activities comply with company policies, government regulations, and industry standards.
- Oversee inventory levels to prevent overstocking or shortages and approve stock replenishments.
Apply here: https://forms.gle/ELMbQhLNtaU2NFFa8
Contact details: hr@medinnovasystems.com | 6358944452
For more details: Visit career page at www.medinnovasystems.com
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