Senior Purchase Executive

Job description : Job Summary

The Purchase Executive is responsible for managing the procurement process, including sourcing equipment, goods, and services while ensuring timely and cost-effective purchasing. This role requires expertise in supplier management, market analysis, and negotiation, contributing to the company's strategic objectives. The ideal candidate will be a skilled negotiator with experience in inventory management, vendor relations, and procurement strategy, particularly in the manufacturing sector.

Key Responsibilities

Vendor Management : → Develop and maintain strong relationships with suppliers to secure optimal terms.→ Regularly assess vendor performance to ensure the quality of supplied products.

Procurement Strategy : → Develop and execute a comprehensive procurement strategy aligned with company goals.→ Collaborate with internal teams and stakeholders to clarify requirements and expectations.

Sourcing : → Identify potential suppliers based on project needs.→ Negotiate pricing, quantity, and delivery terms to achieve the best value.

Purchase Order Management : → Prepare and issue purchase orders in a timely manner.→ Monitor deliveries to ensure products are received on schedule.

Negotiation : → Leverage negotiation skills to secure favorable terms with suppliers.

Market Analysis : → Stay informed about market trends, pricing fluctuations, and supply challenges.→ Identify opportunities for cost reduction through strategic sourcing.

Quality Assurance : → Ensure procured goods meet required quality standards.→ Collaborate with the Quality Control department for inspections and assessments.

Inventory Management : → Track stock levels and initiate replenishment as needed.→ Work with inventory and sales teams to maintain accurate stock records.

Requirements

• Any degree
• Candidates only from Kerala
• 2 to 4 years of experience in procurement, purchasing, or supply chain roles.
• Experience in the manufacturing field is required.
• Experience with purchase order systems and inventory control software.
• Strong vendor management, negotiation, and procurement strategy skills.
• Excellent communication and relationship-building abilities.
• Ability to work both independently and as part of a team.

Salary Range :  ₹30,000 to ₹35,000 per month, based on experience and qualifications.

Skills Required

Negotiation, Sourcing, Inventory Management, Market Analysis, Vendor Management, Quality Assurance