Purchase Executive

0 years

1 - 2 Lacs

Posted:2 days ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Monitor and manage inventory levels to ensure adequate stock for smooth operations,
  • maintain stock reorder levels by placing orders proactively to prevent shortages.
  • Research and evaluate potential suppliers to identify the best sources for procurement; and
  • develop and nurture new vendor relationships to diversify supply chains.
  • Assess vendor performance by conducting supplier audits and rating their product and
  • service. Recommend improvements while resolving issues.
  • Negotiate contracts with vendors to secure favorable pricing, terms, and conditions while
  • ensuring contracts comply with organizational policies and commercial terms.
  • Maintain accurate and up-to-date purchase and pricing records for future reference and
  • audits, generate procurement reports for management review and decision-making.
  • Collaborate with quality control teams to ensure raw materials meet required quality
  • standards, and report and address any quality discrepancies with suppliers.
  • Stay updated with market trends and pricing fluctuations to make informed procurement
  • decisions while identifying cost-saving opportunities and innovative sourcing strategies.

Job Type: Full-time

Pay: ₹15,000.00 - ₹20,000.00 per month

Schedule:

  • Day shift

Work Location: In person

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