We are seeking a highly organized and analytical Purchase Executive to join our dynamic team in SipcotChennai. As a key member of our procurement department you will be responsible for managing the purchasing process negotiating contracts and ensuring cost-effective procurement of goods and services for our organization.
- Develop and implement effective purchasing strategies to optimize cost savings and improve operational efficiency
- Manage vendor relationships negotiate contracts and secure favorable terms with suppliers
- Analyze market trends pricing data and supplier performance to make informed purchasing decisions
- Collaborate with internal stakeholders to understand their requirements and ensure timely procurement of goods and services
- Maintain accurate records of purchases contracts and inventory levels
- Conduct regular cost analysis and identify opportunities for cost reduction
- Ensure compliance with company policies industry standards and regulatory requirements
- Implement and maintain inventory control systems to optimize stock levels and minimize waste
- Prepare and analyze procurement reports to support decision-making processes
- Stay updated on local and international industry trends and best practices in procurement and supply chain management
- Navigate import/export regulations and customs procedures for international purchases
Qualifications :
- Bachelors degree in Supply Chain Management Business Administration or a related field
- 2-5 years of experience in procurement or a similar role
- Proven experience in managing vendor relationships and negotiating contracts
- Strong analytical skills with the ability to interpret data and identify trends
- Excellent negotiation skills and the ability to secure favorable pricing and terms
- Proficiency in cost analysis and budget management
- Strong problem-solving and decision-making abilities
- Excellent written and verbal communication skills
- Ability to work efficiently under pressure and meet deadlines
- Familiarity with procurement software and proficiency in Microsoft Office Suite
- Knowledge of inventory control and optimization techniques
- Understanding of compliance requirements and industry standards in procurement
- Strong organizational skills and attention to detail
Remote Work :
No
Employment Type :
Full-time