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Purchase Executive

0 - 5 years

2 - 3 Lacs

Posted:1 month ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities : Procurement Management : Source and evaluate suppliers based on price, quality, and delivery capabilities. Create and manage purchase orders in the system, ensuring timely procurement of materials and services. Negotiate contracts, pricing, and terms with suppliers to secure the best possible deal. Inventory Control : Monitor inventory levels and coordinate with warehouse and production departments to ensure stock availability. Analyze inventory usage trends and forecast purchasing needs. Supplier Relationship Management : Build and maintain strong relationships with suppliers and vendors. Handle vendor complaints, resolve issues, and ensure timely resolution of any discrepancies. Market Research : Continuously monitor the market for the best sourcing opportunities, new products, and cost-saving initiatives. Order Processing & Documentation : Ensure accurate and complete documentation of all procurement activities. Review and approve purchase invoices, ensuring that they are in line with contracts or purchase orders. Compliance & Reporting : Adhere to company procurement policies and industry regulations. Prepare regular reports on procurement activities, supplier performance, and inventory levels.

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