Purchase Executive

1 - 2 years

2 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

  • Identifying and evaluating suppliers:

    This involves researching potential vendors, assessing their capabilities (quality, pricing, delivery times), and building a network of reliable suppliers.
  • Negotiating contracts and pricing:

    Securing favorable terms and agreements with suppliers to optimize costs and ensure timely delivery of materials.
  • Maintaining supplier relationships:

    Fostering strong relationships with existing vendors and developing new ones.
  • Conducting market research:

    Staying informed about market trends, new products, and changes in regulations related to procurement.

2. Procurement Process Management:

  • Managing the procurement process:

    Overseeing the entire procurement cycle, from identifying needs to contract management.
  • Preparing and processing purchase orders:

    Ensuring accurate and timely documentation of all purchasing activities.
  • Tracking orders and deliveries:

    Monitoring the status of orders and coordinating with logistics to ensure timely delivery of materials.
  • Managing inventory and stock levels:

    Optimizing inventory levels to minimize costs and prevent stockouts.

3. Cost and Quality Control:

  • Ensuring cost-effectiveness:

    Sourcing goods and services at the best possible price while maintaining quality standards.
  • Maintaining quality standards:

    Ensuring that purchased materials meet the company's quality requirements.
  • Conducting quality checks:

    Evaluating the quality of purchased products and resolving any issues with suppliers.
  • Analyzing market trends

Preferred candidate profile

Only Candidates from rubber and tyre industry

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