Purchase Executive

Year    Pune, Maharashtra, India

Job Description

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Procurement and Supply Chain Management
  • Identifying Suppliers: Research and evaluate potential suppliers, ensuring they meet the companys standards and requirements.
  • Negotiating Contracts: Negotiate terms, prices, and contracts with suppliers to secure advantageous terms.
  • Order Placement: Place orders for goods and services, ensuring timely delivery to meet the organization's needs.
  • Supply Chain Coordination: Work with suppliers to ensure an efficient supply chain and address any disruptions or delays.
2. Inventory Management
  • Stock Level Monitoring: Keep track of inventory levels to ensure that stock is always available and minimize overstock or stockouts.
  • Reorder Point Setting: Establish reorder points and safety stock levels to maintain continuous production and service delivery.
3. Cost Management
  • Budget Management: Manage and adhere to procurement budgets, finding cost-saving opportunities without compromising quality.
  • Cost Analysis: Conduct cost analyses and evaluate total cost of ownership for various procurement options.
4. Quality Assurance
  • Supplier Performance Evaluation: Assess and monitor supplier performance, ensuring that they deliver quality products and services.
  • Quality Control: Ensure that all purchased goods and services meet the companys quality standards and specifications.
5. Documentation and Compliance
  • Record Keeping: Maintain accurate records of purchases, pricing, inventory, and suppliers.
  • Compliance: Ensure compliance with company policies, industry standards, and legal regulations in all procurement activities.
6. Relationship Management
  • Vendor Relations: Build and maintain strong relationships with suppliers and vendors, fostering long-term partnerships.
  • Internal Coordination: Collaborate with other departments, such as finance, production, and logistics, to align procurement activities with overall business goals.
7. Market Research and Analysis
  • Market Trends: Stay updated with market trends, new products, and emerging suppliers.
  • Competitive Analysis: Analyze the competitive landscape to inform procurement strategies and decisions.
8. Technology Utilization
  • Procurement Software: Use procurement software and ERP systems to streamline purchasing activities and enhance efficiency.
  • Data Analysis: Utilize data analytics to drive decision-making and optimize procurement processes.
9. Problem-Solving and Risk Management
  • Issue Resolution: Address and resolve any issues related to orders, deliveries, or supplier performance.
  • Risk Management: Identify and mitigate risks in the procurement process, including supply chain disruptions and price volatility.
10. Continuous Improvement
  • Process Improvement: Continuously seek ways to improve procurement processes and efficiency.
  • Training and Development: Stay informed about the latest procurement best practices and participate in professional development opportunities.
Job Types: Full-time, PermanentPay: \xe2\x82\xb910,000.00 - \xe2\x82\xb915,000.00 per monthBenefits:
  • Provident Fund
Schedule:
  • Day shift
Supplemental pay types:
  • Yearly bonus
Education:
  • Bachelor's (Preferred)
Experience:
  • total work: 1 year (Preferred)
Work Location: In person

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Job Detail

  • Job Id
    JD3324124
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Pune, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year