Job Description

Overview:

TIOT Systems Ltd. is seeking an Experienced Purchase Executive to join our dynamic procurement team. The ideal candidate will have a proven track record of effectively managing supplier relationships, negotiating contracts, and optimizing purchasing processes. You will play a critical role in driving cost efficiencies and ensuring the timely procurement of high-quality goods and services that support our business operations.

Key Responsibilities:

1. Supplier Management:

- Develop and maintain strong relationships with key suppliers to ensure reliability and quality of products and services.

- Conduct evaluations and performance assessments of suppliers to identify opportunities for improvement.

2. Strategic Procurement:

- Analyze purchasing needs across multiple departments and develop strategic sourcing plans that align with business goals.

- Lead negotiations for contracts and terms with suppliers to achieve favorable pricing and service level agreements.

3. Market Analysis:

- Monitor market trends, pricing dynamics, and supplier developments to inform purchasing decisions and strategies.

- Proactively identify risks in the supply chain and develop mitigation strategies.

4. Operational Excellence:

- Oversee the purchasing process from requisition to order fulfillment, ensuring compliance with company policies and procedures.

- Collaborate with logistics and warehouse teams to optimize inventory management and reduce lead times.

5. Cross-Functional Collaboration:

- Work closely with finance, production, and other departments to ensure alignment on budgets, schedules, and procurement needs.

- Provide insights and recommendations to stakeholders based on market analysis and purchasing data.

6. Reporting and Documentation:

- Maintain comprehensive records of purchasing activities, supplier agreements, and compliance documentation.

- Prepare regular reports on purchasing metrics, cost savings, and supplier performance for management review.

Qualifications:

- Bachelor's degree in Supply Chain Management, Business Administration.

- Minimum of 2 years of experience in procurement, purchasing, or supply chain management.

- Proven ability to negotiate contracts and manage supplier relationships effectively.

- Strong analytical skills and proficiency in data analysis and reporting tools.

- Excellent communication and interpersonal skills.

- Familiarity with procurement software and enterprise resource planning (ERP) systems.

- Ability to work in a fast-paced environment and manage multiple priorities.

Job Types: Full-time, Permanent

Pay: ?12,000.00 - ?15,000.00 per month

Schedule:

Day shift
Education:

Bachelor's (Preferred)
Experience:

Purchasing: 2 years (Required)
Location:

Bhilai, Chhattisgarh (Required)
Work Location: In person