Purchase Executive

Key Roles and Responsibilities

• Vendor Sourcing & Evaluation: Research, identify, and evaluate potential suppliers. Build a network of reliable vendors to ensure business continuity.

• Negotiation & Contracting: Negotiate pricing, delivery schedules, and contract terms to secure advantageous deals and cost-saving measures.

• Purchase Order Management: Create, review, and approve Purchase Orders (POs). Ensure all order details (quantity, price, delivery dates) are accurately entered into internal databases.

• Inventory & Stock Control: Monitor stock levels and forecast future purchasing demands to maintain optimum inventory without causing overstocking or shortages.

• Order Tracking & Expediting: Track shipments, coordinate with logistics teams, and ensure on-time delivery of goods.

• Quality Assurance: Inspect or verify that received products meet organizational quality standards and specifications.

• Billing & Payment Coordination: Liaise with the finance department by verifying delivery notes and supplier invoices to facilitate timely vendor payments.

• Record Keeping & Reporting: Maintain up-to-date records of purchases, pricing, invoices, and delivery information. Prepare routine reports on spending patterns and cost analyses.

Essential Skills and Qualifications

• Analytical Thinking: Strong capability to conduct cost-analyses and prepare financial reports.

• Communication: Excellent interpersonal skills for conflict resolution with vendors and inter-departmental collaboration.

• Technical Proficiency: Hands-on experience with Supply Chain Management (SCM) or Enterprise Resource Planning (ERP) software (e.g., SAP, Tally, or Oracle).

• Education & Experience: Typically requires a bachelor's degree in Business Administration, Supply Chain Management, Logistics, or Commerce, along with relevant work experience.

• It is a Full Time తయారీ job for candidates with 6 months - 4 years of experience.