Purchase Executive

Job Description

Roles and Responsiblity : -

Vendor Sourcing & Evaluation

Identify and evaluate suppliers of lab equipment and consumables

Conduct market research to stay updated on new technologies and pricing trends

Perform site visits and audits to assess supplier capabilities

Procurement Management

Create and manage purchase orders for lab instruments, chemicals, and accessories

Negotiate pricing, delivery timelines, and warranty terms

Ensure timely delivery and installation of equipment

Documentation & Compliance

Maintain accurate records of procurement activities, contracts, and supplier agreements

Ensure compliance with safety standards and regulatory requirements

Coordinate with finance for timely vendor payments

Inventory Coordination

Monitor stock levels and forecast procurement needs

Collaborate with lab managers to understand equipment usage and future requirements

Supplier Relationship Management

Build long-term relationships with key vendors

Resolve disputes and ensure service-level agreements are met

Requirements

Vendor Sourcing & Evaluation Identify and evaluate suppliers of lab equipment and consumables Conduct market research to stay updated on new technologies and pricing trends Perform site visits and audits to assess supplier capabilities Procurement Management Create and manage purchase orders for lab instruments, chemicals, and accessories Negotiate pricing, delivery timelines, and warranty terms Ensure timely delivery and installation of equipment Documentation & Compliance Maintain accurate records of procurement activities, contracts, and supplier agreements Ensure compliance with safety standards and regulatory requirements Coordinate with finance for timely vendor payments Inventory Coordination Monitor stock levels and forecast procurement needs Collaborate with lab managers to understand equipment usage and future requirements Supplier Relationship Management Build long-term relationships with key vendors Resolve disputes and ensure service-level agreements are met