Purchase Exicutive

Overview:

Key Responsibilities:

• Identify procurement needs and develop purchase plans.
• Conduct market analysis to identify potential suppliers and trends.
• Negotiate pricing and terms with vendors to secure advantageous contracts.
• Coordinate with internal departments to determine procurement needs and specifications.
• Monitor and track purchase orders to ensure ontime delivery.
• Manage supplier relationships and resolve any issues or disputes.
• Review and analyze purchase requests and ensure adherence to procurement policies.
• Ensure compliance with legal and ethical standards in all procurement activities.
• Assess supplier capabilities and conduct supplier performance evaluations.
• Implement costsaving initiatives and strategies for efficient procurement processes.
• Monitor market trends and industry developments to make strategic procurement decisions.
• Prepare and maintain accurate procurement records and documentation.
• Collaborate with finance and accounting teams to reconcile invoices and payments.
• Participate in the selection and qualification of new suppliers.
• Provide regular reports and updates on procurement activities to management.

Required Qualifications:

• Bachelors degree in Business Administration Supply Chain Management or related field.
• Proven experience as a Purchase Executive or in a similar procurement role.
• Strong knowledge of procurement processes policies and procedures.
• Excellent negotiation and communication skills.
• Ability to analyze market trends and perform supplier evaluations.
• Proficiency in contract management and vendor relationship management.
• Familiarity with supply chain management principles and best practices.
• Good understanding of financial analysis and cost optimization.
• Ability to work in a fastpaced and dynamic environment.
• Attention to detail and strong analytical abilities.
• Proficient in using procurement software and tools.
• Certification in procurement or supply chain management is a plus.
• Proactive and resultsdriven approach to procurement activities.
• Ability to prioritize tasks and manage multiple projects simultaneously.
• Strong ethical values and integrity in procurement practices.

negotiation,supply chain management,vendor management,market analysis