Job Description

A Purchase Executive manages the procurement process, sourcing goods and services, negotiating contracts, and ensuring timely delivery while optimizing costs. They play a crucial role in maintaining supplier relationships, monitoring market trends, and collaborating with internal teams. Here's a more detailed breakdown:Key Responsibilities:

Supplier Management:

Identifying, evaluating, and qualifying potential suppliers, maintaining relationships with existing vendors, and developing new partnerships.

Strategic Sourcing:

Conducting market research, analyzing market conditions, and identifying best-in-class suppliers.

Purchase Order Management:

Creating, reviewing, and processing purchase orders accurately and efficiently.

Cost Management:

Analyzing total cost of ownership and optimizing costs throughout the procurement process.

Quality Assurance:

Establishing quality standards and ensuring compliance with company policies.

Inventory Management:

Collaborating with planning teams to forecast demand and optimize inventory levels.

Cross-Functional Collaboration:

Working with finance, operations, engineering, and other departments.

Negotiation:

Negotiating favorable terms and agreements with suppliers.

Record Keeping:

Maintaining accurate records of purchases, pricing, and supplier information.

Compliance:

Ensuring compliance with company policies, legal requirements, and ethical standards.

Monitoring and Analysis:

Monitoring market trends, pricing, and product availability.
Essential Skills:

Negotiation:

Strong negotiation skills to secure favorable terms with suppliers.

Communication:

Excellent written and verbal communication skills for interacting with suppliers and internal teams.

Analytical:

Ability to analyze data, market trends, and supplier performance.

Organizational:

Strong organizational and planning skills to manage multiple tasks and deadlines.

Problem-Solving:

Ability to identify and resolve issues related to procurement, delivery, and supplier performance.

Technical:

Proficiency in relevant procurement software and systems.

Attention to Detail:

Ensuring accuracy in purchase orders, records, and other documentation.
Qualifications:

Typically requires a bachelor's degree in supply chain management, business administration, or a related field. Experience in procurement or purchasing is generally required. Knowledge of procurement processes, supplier management, and contract negotiation is essential.
Job Type: Full-time

Pay: ?22,000.00 - ?25,000.00 per month

Work Location: In person