Purchase Officer

A Purchase Officer is a procurement professional responsible for sourcing and purchasing goods and services for an organization. The role is crucial for ensuring that a business maintains adequate stock levels, secures cost-effective deals, and maintains a seamless supply chain. Duties and responsibilities. The day-to-day responsibilities of a Purchase Officer often include:

• Supplier management: Identifying, researching, and vetting potential vendors based on product quality, price, reliability, and market trends.
• Negotiation: Negotiating with suppliers to secure the most cost-effective contracts, favorable terms, and reliable delivery options.
• Purchase order management: Creating and processing purchase orders, and managing their entire lifecycle from requisition to delivery.
• Order and delivery management: Tracking the status of orders, ensuring timely deliveries, and coordinating with the logistics or delivery team to receive goods.
• Inventory control: Monitoring stock levels to prevent shortages or overstocking and coordinating with warehouse staff to ensure goods are properly stored.
• Quality assurance: Inspecting products and materials upon delivery to ensure they meet the company's quality standards.
• Record keeping: Maintaining meticulous records of all purchases, contracts, pricing, and supplier communications for financial and reporting purposes.
• Budgeting and cost analysis: Collaborating with the finance team to prepare purchasing budgets, and analyzing costs to identify savings opportunities.
• Cross-functional collaboration: Working with other departments, such as manufacturing, sales, and accounts, to understand their procurement needs.

Job Type: Full-time

Pay: ₹10,500.00 - ₹11,500.00 per month

Benefits:

• Cell phone reimbursement
• Flexible schedule
• Food provided
• Paid time off
• Provident Fund

Work Location: In person