Purchase Executive ( indore )
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Purchase Executive manages the entire procurement cycle from finding suppliers and negotiating deals to ensuring timely cost-effective delivery of goods/services focusing on value quality and adherence to company policy involving market research inventory control and strong vendor relations to support operations. Key duties include sourcing cost analysis contract management performance monitoring and record-keeping requiring strong negotiation analytical and communication skills.
Key Responsibilities
Sourcing & Vendor Management: Research evaluate and select suppliers build strong relationships and monitor performance.
Negotiation: Secure best prices terms and conditions with vendors.
Procurement Process: Handle purchase orders track deliveries and ensure compliance with quality/company standards.
Inventory Control: Monitor stock levels forecast needs and optimize inventory turnover.
Cost Management: Identify cost-saving opportunities and conduct cost analyses.
Collaboration: Work with internal teams (production finance etc.) to understand needs.
Reporting: Maintain accurate records invoices and prepare purchase reports.
Market Awareness: Stay updated on industry trends new products and regulations.
Essential Skills & Qualifications
Bachelors degree in Business Supply Chain or related field.
Proven experience in purchasing/procurement.
Strong negotiation analytical and problem-solving skills.
Knowledge of supply chain procedures and purchasing software.
Why its Important
This role is crucial for operational efficiency minimizing costs and ensuring the company has the necessary resources balancing financial savings with quality and timely delivery.
Required Skills:
Assistant
Company Industry
IT Services and IT Consulting
Key Skills
- Direct Marketing
- Anti Money Laundering
- Editorial
- Animation
- Industrial Safety
- Inspection
