Purchase Executive

Key Responsibilities

• Sourcing & Selection: Researching, evaluating, and selecting vendors based on price, quality, reliability, and delivery.
• Negotiation: Securing favorable contracts, pricing, and terms with suppliers.
• Order Management: Processing purchase orders (POs) and tracking deliveries to meet schedules.
• Vendor Management: Building and maintaining strong supplier relationships and resolving issues.
• Inventory Control: Monitoring stock levels, forecasting needs, and optimizing inventory.
• Cost & Quality Assurance: Ensuring purchases meet quality standards and identifying cost-saving opportunities.
• Reporting: Maintaining purchase records and preparing reports on costs and activities.

Core Responsibilities

• Supplier Sourcing & Evaluation: Identify and vet potential vendors based on reliability, quality standards, and pricing.
• Contract Negotiation: Negotiate terms, pricing, and service level agreements (SLAs) to secure favorable deals and long-term partnerships.
• Purchase Order (PO) Management: Generate and process POs, track deliveries, and resolve any discrepancies in quantity or quality.
• Inventory Control: Monitor stock levels to prevent shortages or overstocking, often coordinating with warehouse teams for efficient storage.
• Market Research: Analyze industry trends, pricing fluctuations, and new product innovations to identify cost-saving opportunities.
• Record Keeping & Reporting: Maintain accurate databases of purchases, invoices, and supplier performance metrics for auditing and budgeting

Job Type: Full-time

Pay: From ₹25,000.00 per month

Benefits:

• Food provided

Work Location: In person