Job Description

Company Description

Masters India, 44 year old group, which is into Manufacturing, Healthcare, Hospitality and IT with an aggregate turnover of INR 1000+ crores. We are expanding rapidly and are, therefore, looking for leaders to help the company achieve its goals. We are expanding rapidly and are, therefore, looking for leaders to help company achieve its goals.

We are seeking a detail-oriented and analytical Purchase Executive - Raw Material to join our team in Wada, India. In this role, you will be responsible for managing the procurement of raw materials essential to our manufacturing processes, ensuring cost-effectiveness, quality, and timely delivery.

Develop and implement procurement strategies for raw materials, aligning with organizational goals and production requirements Analyze market trends, conduct research, and identify potential suppliers to optimize purchasing decisions Negotiate contracts, prices, and terms with suppliers to secure the best value for the company Manage inventory levels of raw materials, ensuring optimal stock levels to meet production needs Collaborate with cross-functional teams, including production, quality control, and finance, to align procurement activities with organizational objectives Monitor and evaluate supplier performance, addressing any quality or delivery issues promptly Utilize ERP systems to maintain accurate records of purchases, contracts, and supplier information Prepare and analyze procurement reports, identifying areas for cost savings and process improvements Stay informed about industry trends, regulations, and best practices in procurement and supply chain management Ensure compliance with company policies, international trade regulations, and quality standards in all procurement activities

Qualifications

3-5 years of experience in procurement or supply chain management, preferably in raw material purchasing for the manufacturing industry Proficiency in procurement processes, negotiation techniques, and supply chain management principles Strong analytical skills with the ability to interpret market trends and make data-driven decisions Excellent negotiation and communication skills, both verbal and written Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment In-depth knowledge of raw materials market trends, pricing strategies, and quality control processes * Ability to work collaboratively in a team environment and build strong relationships with suppliers and internal stakeholders