Job Description

The Purchase Executive is responsible for managing and overseeing the procurement of materials, goods, and services required by the organization. This role ensures that purchasing activities are conducted in a cost-effective, efficient, and timely manner while adhering to company policies, standards, and budgets.

Key Responsibilities:

• Procurement & Sourcing:
• Identify and select suppliers for materials, goods, and services based on quality, cost, and delivery requirements.
• Request and analyze quotes, tenders, and proposals from suppliers.
• Negotiate pricing, terms, and conditions with suppliers to secure favorable deals.
• Monitor supplier performance and ensure that goods and services are delivered on time and meet quality standard.
• Order Management:
• Place orders for required materials, ensuring accuracy in terms of quantity, specifications, and delivery timelines.
• Coordinate with suppliers to track and expedite delivery schedules.
• Maintain and update purchase orders and ensure that orders are processed efficiently.
• Inventory Management:
• Collaborate with inventory teams to ensure optimal stock levels are maintained.
• Monitor stock levels to prevent shortages or overstocking.
• Assist in managing the inventory system, ensuring the accuracy of incoming and outgoing items.
• Vendor Relationship Management:
• Build and maintain strong relationships with suppliers and vendors.
• Address any concerns or issues raised by suppliers or internal teams regarding product quality, delivery delays, or pricing discrepancies.
• Conduct supplier evaluations and recommend improvements in supply chain processes.
• Documentation & Reporting:
• Prepare and maintain records of all purchase transactions, including orders, invoices, and delivery receipts.
• Update and maintain the database for procurement tracking and reporting.
• Provide regular reports to the Procurement Manager on order status, inventory levels, and supplier performance.
• Cost Control:
• Ensure purchasing decisions align with budgetary constraints and company financial goals.
• Identify cost-saving opportunities and implement strategies to reduce procurement expenses.
• Compliance & Quality Assurance:
• Ensure that all purchasing activities comply with company policies, procedures, and industry regulations.
• Verify the quality and specifications of products before accepting them from suppliers.

Job Type: Full-time

Pay: ?18,000.00 - ?23,000.00 per month

Benefits:

• Cell phone reimbursement
• Internet reimbursement
• Leave encashment
• Provident Fund
• Work from home

Schedule:

• Day shift

Education:

• Bachelor's (Required)

Experience:

• total work: 1 year (Required)

Location:

• Indore, Madhya Pradesh (Required)

Work Location: In person