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Purchasing Executive

Purchasing Executive

JobStars HR Solutions Pvt LtdErnakulam, Kerala, India
29 days ago
Job description

Qualifications and Skills

  • Proficiency in supplier relationship management to maintain and enhance supplier partnerships effectively for optimal procurement outcomes.
  • Strong negotiation techniques to secure favorable terms and pricing with suppliers, ensuring the best value for the company.
  • Familiarity with procurement software to efficiently manage purchasing processes and maintain accurate records.
  • Ability to conduct cost analysis to evaluate pricing trends and develop strategies for cost savings within purchasing operations.
  • Understanding of contract management to oversee contractual agreements and ensure compliance with terms and conditions.
  • Competence in market research to stay informed about industry trends and identify potential new suppliers and products.
  • Knowledge of supply chain management to ensure a steady flow of materials and services, supporting business operations effectively.
  • Proficient in data analysis to interpret purchasing data and make informed decisions that drive efficiency and profitability.

Roles and Responsibilities

  • Assist in developing and implementing strategies for procuring, storing, and distributing goods or services.
  • Manage relationships with key suppliers to maintain quality of goods, timely delivery, and market competitiveness.
  • Negotiate contracts, improved prices, and terms with suppliers, and review opportunities to make cost-saving business proposals.
  • Conduct research to continuously source new suppliers and materials that align with company needs and goals.
  • Monitor market trends, competitor strategies, and supplier pricing to ensure procurement decisions are well-informed and advantageous.
  • Analyze purchasing data to support budget management and forecasting activities within the organization.
  • Ensure compliance with company policies, procedures, and ethical standards during the purchasing process.
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