Job Description

A Purchase Executive manages the end-to-end procurement process, sourcing suppliers, negotiating contracts, and purchasing goods or services to ensure cost-efficiency and operational continuity. Key duties include issuing purchase orders (POs), tracking deliveries, maintaining vendor relationships, managing inventory levels, and preparing procurement reports.

Key Responsibilities

Supplier Management:

Research, evaluate, and select vendors based on price, quality, and delivery speed.

Negotiation:

Negotiate contract terms, pricing, and agreements to maximize value.

Order Processing:

Create, update, and track purchase orders to ensure timely delivery of materials.

Inventory Control:

Monitor inventory levels to prevent stockouts and optimize inventory costs.

Documentation:

Maintain accurate records of, invoices, and contracts.

Analysis:

Analyze spending patterns and market trends for cost-reduction initiatives.

Key Skills and Requirements

Experience:

Proven experience as a Purchasing Officer, Buyer, or in a similar procurement role.

Technical Skills:

Proficiency in ERP software MS Office (Excel).

Analytical Abilities:

Strong analytical skills for cost analysis and reporting.

Communication:

Excellent verbal and written communication skills for negotiating with suppliers and collaborating internally.

Education:

Bachelor's degree in Business Administration, Logistics, Supply Chain Management, or a related field.

Common Performance Metrics

Supplier on-time delivery rate. Cost savings achieved. PO processing time. Inventory turnover ratio.
Job Type: Full-time

Pay: ?11,434.68 - ?25,000.00 per month

Benefits:

Provident Fund
Work Location: In person