Location
Rajkot | India
Job description
Overview:
The Purchase Executive plays a crucial role in the procurement process ensuring that the organization obtains goods and services at the best possible value and quality. They are responsible for sourcing negotiating and purchasing of goods and services while maintaining strong vendor relationships and achieving costsaving targets.
Key Responsibilities:
- Conducting market research to identify potential suppliers and evaluate their products and services
- Negotiating contracts and terms with vendors to secure advantageous terms
- Monitoring and forecasting upcoming levels of demand for products and keeping track of any fluctuation in price and quality
- Developing and implementing purchasing strategies to optimize costeffectiveness and efficiency
- Collaborating with internal teams to understand their purchasing needs and ensuring the timely delivery of goods and services
- Managing supplier performance including issue resolution and leading supplier relationship management activities
- Participating in the development of specifications for products and services
- Assisting in managing inventory levels and maintaining proper stock levels
- Ensuring compliance with company policies and procedures as well as relevant legislation
- Staying updated with industry trends and best practices in procurement
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 negotiation and networking skills
- Understanding of supply chain procedures
- Excellent analytical and problemsolving abilities
- Ability to work independently and within a team
- Proficiency in Microsoft Office and purchasing software
- Exceptional communication and interpersonal skills
- Knowledge of sourcing and vendor management
- Attention to detail and strong organizational skills
- Ability to prioritize and manage time effectively
- Familiarity with industryrelated regulations and quality standards
- Ability to handle multiple tasks and work under pressure
- Understanding of cost analysis and budgeting
- Professional certification in procurement or related field is a plus
negotiation,vendor management,analytical thinking,communication skills,purchasing,procurement,sourcing,supply,communication,budgeting
Job tags
Salary
