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 company\xe2\x80\x99s 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.
- 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.
- 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.
- 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 company\xe2\x80\x99s quality standards and specifications.
- 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.
- 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.
- Market Trends: Stay updated with market trends, new products, and emerging suppliers.
- Competitive Analysis: Analyze the competitive landscape to inform procurement strategies and decisions.
- 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.
- 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.
- 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.
- Provident Fund
- Day shift
- Yearly bonus
- Bachelor\'s (Preferred)
- total work: 1 year (Preferred)
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Job Detail
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Job IdJD3324124
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationPune, Maharashtra, India
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EducationNot mentioned
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ExperienceYear