Purchase Executive - Wooden Furniture - Mumbai

Require suitable candidate for our client, a reputed manufacturer of bespoke furniture.

Job Overview:

As the Purchase Executive, you will be responsible for developing and managing relationships with vendors, overseeing procurement processes, and utilizing Tally or ERP systems for efficient inventory management. This role requires a strategic thinker with strong negotiation skills, vendor development expertise, and experience in material procurement.

Responsibilities:

1. Vendor Development:

· Identify and evaluate potential vendors based on quality, cost, and reliability.

· Develop and maintain strong relationships with new and existing suppliers.

· Negotiate terms and conditions with vendors to secure advantageous agreements.

2. Vendor Management:

· Collaborate with vendors to ensure timely delivery of high-quality materials.

· Evaluate vendor performance and provide feedback for continuous improvement.

· Resolve any vendor-related issues or discrepancies in a timely and effective manner.

3. Procurement Planning:

· Work closely with cross-functional teams to understand material requirements for ongoing and upcoming projects.

· Develop and implement procurement strategies aligned with business objectives.

4. Material Procurement:

· Source, negotiate, and procure materials in accordance with specified requirements and budget constraints.

· Ensure compliance with quality standards and delivery schedules.

5. Inventory Management:

· Utilize Tally or ERP systems to maintain accurate records of inventory levels.

· Implement effective inventory control measures to optimize stock levels.

6. Cost Negotiation:

· Negotiate favorable terms and conditions with suppliers to achieve cost savings.

· Analyze market trends and conduct benchmarking to ensure competitive pricing.

7. Contract Management:

· Review and negotiate contracts with vendors, ensuring compliance with company policies and legal requirements.

· Work closely with the legal department to finalize and execute contracts.

Compliance and Documentation:

· Ensure adherence to all regulatory and compliance requirements in procurement processes.

· Maintain comprehensive documentation of all procurement activities.

Qualifications:

· Proven experience as a Purchase Executive or in a similar procurement role.

· Strong negotiation skills and the ability to build and maintain effective vendor relationships.

· Experience with Tally or ERP systems for inventory management.

· Solid understanding of procurement processes, market dynamics, and cost analysis.

· Excellent communication and interpersonal skills.

· Bachelor's degree in Business, Supply Chain Management, or a related field.

Benefits:

· Competitive salary and performance-based bonuses.

· Opportunities for professional development and career advancement.

Job Type: Full-time

Pay: ₹35,000.00 - ₹45,000.00 per month

Application Question(s):

• Do you have experience in Purchase in the Wooden Furniture Industry ? Yes / No
• Where do you currently reside ?

Work Location: In person