Purchase Executive ( Faridabad )
Job Summary
Purchase Executive manages the end-to-end procurement process sourcing vendors negotiating contracts and ensuring cost-effective timely acquisition of goods/services. Key duties include issuing purchase orders (POs) maintaining inventory levels evaluating supplier performance and maintaining documentation. This role requires strong negotiation analytical skills and familiarity with ERP software.
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Key Responsibilities
Supplier Sourcing & Management: Identify evaluate and develop reliable vendors to secure high-quality products at competitive prices.
Procurement Operations: Create manage and process purchase orders (POs) and ensure timely delivery of materials.
Negotiation: Negotiate contract terms pricing and payment schedules to optimize costs.
Inventory Control: Monitor inventory levels and forecast demand to prevent shortages or overstocking.
Documentation & Reporting: Maintain accurate records of purchases pricing and supplier invoices often reporting to management.
Quality Assurance: Ensure received goods meet company quality standards and specifications.
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Qualifications
Education: Bachelors degree in Business Administration Supply Chain Management or related field.
Experience: Proven experience in procurement purchasing or vendor management.
Skills: Strong negotiation interpersonal and analytical skills. Proficiency in MS Excel and ERP software is typically required.
Expertia AI
Expertia AI
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Common Performance Metrics
Cost savings achieved.
Timeliness of deliveries.
Supplier performance rating.
Inventory accuracy.
Required Skills:
Assistant