Location:- Hyderabad
Job Description
A Purchase Executive manages an organization's procurement activities, ensuring cost-effectiveness, quality, and timely delivery of goods and services by sourcing, negotiating, and managing relationships with suppliers.
Key Responsibilities:
- Sourcing and Supplier Management:
- Researching and evaluating potential suppliers.
- Negotiating contracts and pricing with suppliers.
- Building and maintaining strong supplier relationships.
- Monitoring supplier performance and ensuring compliance.
- Procurement Planning and Execution:
- Developing and implementing procurement strategies.
- Managing purchase orders from creation to closure.
- Ensuring timely delivery of materials and supplies.
- Tracking orders and managing inventory levels.
- Cost Management and Analysis:
- Analyzing costs and identifying opportunities for cost reduction.
- Monitoring expenses and ensuring budget adherence.
- Preparing reports on purchases and cost analyses.
- Quality Control:
- Ensuring that purchased products meet quality standards.
- Reviewing the quality of purchased products.
- Coordination and Communication:
- Coordinating with other departments, such as warehouse and accounting.
- Communicating effectively with suppliers and internal stakeholders.
- Resolving issues related to quality, quantity, and pricing.
Skills and Qualifications:
- Education: Bachelor's degree in business administration, supply chain management, or a related field is often preferred.
- Experience: Relevant experience in purchasing, procurement, or supply chain management is highly valued.
- Strong negotiation skills.
- Excellent communication and interpersonal skills.
- Analytical and problem-solving skills.
- Knowledge of vendor sourcing practices and supply chain procedures.
- Proficiency in relevant software and systems.
- Other:
- Ability to work independently and as part of a team.
- Strong organizational and time management skills.
- Attention to detail and a commitment to accuracy.
Pay: ₹35,000.00 - ₹40,000.00 per month
Work Location: In person
