Job Description

A Purchase Officer is a procurement professional responsible for sourcing and purchasing goods and services for an organization. The role is crucial for ensuring that a business maintains adequate stock levels, secures cost-effective deals, and maintains a seamless supply chain. Duties and responsibilities. The day-to-day responsibilities of a Purchase Officer often include:

Supplier management:

Identifying, researching, and vetting potential vendors based on product quality, price, reliability, and market trends.

Negotiation:

Negotiating with suppliers to secure the most cost-effective contracts, favorable terms, and reliable delivery options.

Purchase order management:

Creating and processing purchase orders, and managing their entire lifecycle from requisition to delivery.

Order and delivery management:

Tracking the status of orders, ensuring timely deliveries, and coordinating with the logistics or delivery team to receive goods.

Inventory control:

Monitoring stock levels to prevent shortages or overstocking and coordinating with warehouse staff to ensure goods are properly stored.

Quality assurance:

Inspecting products and materials upon delivery to ensure they meet the company's quality standards.

Record keeping:

Maintaining meticulous records of all purchases, contracts, pricing, and supplier communications for financial and reporting purposes.

Budgeting and cost analysis:

Collaborating with the finance team to prepare purchasing budgets, and analyzing costs to identify savings opportunities.

Cross-functional collaboration:

Working with other departments, such as manufacturing, sales, and accounts, to understand their procurement needs.
Job Type: Full-time

Pay: ₹10,500.00 - ₹11,500.00 per month

Benefits:

Cell phone reimbursement Flexible schedule Food provided Paid time off Provident Fund
Work Location: In person