Role : Purchase Executive
A Purchase Executive plays a pivotal role in managing an organization's procurement activities. They are responsible for sourcing, negotiating, and acquiring goods and services essential for smooth business operations, ensuring quality, cost-efficiency, and timely delivery.
Key Responsibilities :
1. Vendor Management :
- Identify and evaluate potential suppliers.
- Build and sustain relationships with vendors.
- Monitor supplier performance and address any issues.
2. Procurement Planning :
Assess procurement needs based on inventory and production requirements.Develop and execute procurement strategies to meet organizational goals.3. Negotiation and Contracting :
Negotiate prices, payment terms, and delivery timelines.Prepare and review purchase agreements and contracts.4. Order Management :
Place and track purchase orders to ensure accuracy.Coordinate with suppliers to guarantee timely delivery of goods.5. Budget Management :
Oversee procurement budgets and monitor expenses.Identify and implement cost-saving opportunities.6. Compliance and Documentation :
Ensure compliance with organizational policies and relevant regulations.Maintain accurate and comprehensive records of purchases, contracts, and correspondence.7. Market Research :
Analyze market trends, pricing, and supplier capabilities.Explore new products and alternative sourcing options to enhance efficiency.Skills Required :
Strong negotiation and analytical abilities.Proficiency in procurement and inventory management software.Excellent communication and interpersonal skills.Sound understanding of supply chain management and market dynamics.This role is ideal for candidates with 2 to 5 years of experience in procurement or supply chain management in Real Estate, who are adept at fostering relationships, streamlining processes, and driving cost efficiencies.
Job Type : Full-time
Pay : ₹25, ₹45,000.00 per month
Benefits :
Health insuranceWork Location : In person