We are seeking a detail-oriented and proactive Purchase Executive to manage procurement activities and ensure the timely acquisition of quality materials at competitive prices. The ideal candidate will be responsible for sourcing vendors, negotiating contracts, maintaining purchase records, and supporting inventory control and cost optimization efforts.
1. Identify, evaluate, and select reliable and cost-effective suppliers/vendors.
2. Maintain an updated list of preferred suppliers and assess their performance regularly.
3. Request and analyze quotations to determine the best value in terms of price, delivery terms, and product quality.
4. Prepare comparative statements based on pricing, lead time, and supplier reliability.
5. Negotiate purchase terms, pricing, and delivery conditions with selected suppliers.
6. Issue purchase orders accurately and in accordance with company policies.
7. Track and ensure timely delivery of goods and services.
8. Monitor supplier performance related to quality, lead time, and service.
9. Address and resolve issues such as delays, quality concerns, and quantity discrepancies in coordination with suppliers.
10. Collect original invoices and verify them against POs and receipt notes.
11. Coordinate with the accounts department to ensure accurate bookkeeping and timely payment to suppliers as per agreed terms.
12. Work closely with the inventory team to maintain optimal stock levels and avoid shortages or overstock situations.
13. Conduct regular market surveys to identify new suppliers, price trends, and opportunities for cost reduction.
14. Ensure all procurement activities comply with internal policies, quality standards, and budget constraints.
15. Maintain complete and organized records of purchases, suppliers, pricing, and contracts for audit and reporting purposes.
Job Types: Full-time, Permanent
Pay: ?20,000.00 - ?25,000.00 per month
Benefits:
Health insurance
Provident Fund
Schedule:
Day shift
Supplemental Pay:
Yearly bonus
Work Location: In person
Expected Start Date: 04/08/2025
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