Job Summary:
A Purchase Executive is responsible for planning, managing, and overseeing an organization's procurement activities. Ensuring that goods and services are acquired efficiently, cost-effectively, and in compliance with regulations and quality standards.
Description:
- Source and select suppliers for goods and services based on price, quality, and delivery speed
- Negotiate contracts, terms, and pricing with suppliers
- Ensure timely delivery of materials to meet production schedules
- Monitor and maintain inventory levels to optimize costs and minimize stockouts
- Collaborate with cross-functional teams to forecast demand and plan procurement activities
- Evaluate supplier performance and resolve any issues or disputes
- Keep updated records of purchased products, delivery information, and invoices
- Stay informed about market trends, new products, and changes in regulations related to procurement
Qualifications
- Bachelor’s degree in supply chain management, B. Tech- Mechanical
- Proven experience in procurement or purchasing role
- Strong negotiation and communication skills written & oral
- Excellent organizational and time management skills
- Ability to work well under pressure and meet deadlines
- Knowledge of procurement processes and best practices
- Proficient in using procurement software and tools
- Attention to detail and accuracy
Skills
- Supplier management
- Negotiation
- Inventory management
- Procurement software
- Supply chain
- Communication
- Attention to detail
- Analytical thinking
Experience
2-3 Years in same field