Purchase Executive (225-921)

The Purchase Executive plays a crucial role in the procurement and supply chain management within an organization. This position involves coordinating with suppliers, managing purchasing activities, and ensuring the timely acquisition of materials and services required for company operations. A Purchase Executive is responsible for negotiating prices, ensuring quality standards are met, and maintaining effective communication with vendors and internal stakeholders. The ideal candidate will possess strong analytical skills, demonstrate attention to detail, and exhibit expertise in handling procurement software and tools. This role requires a proactive individual who is capable of managing multiple tasks concurrently while maintaining a strong focus on cost-efficiency and resource optimization.

Responsibilities

• Evaluate suppliers based on price, quality, and delivery speed to ensure procurement efficiency.
• Ensure timely processing of purchase orders to maintain continuous supply chain operations.
• Negotiate contracts and pricing agreements to achieve cost-effective purchasing deals.
• Collaborate with the finance department to manage budgets and track purchase expenses.
• Maintain records of goods ordered, received, and negotiate returns on defective products.
• Research and identify potential vendors to expand and diversify supplier networks.
• Monitor stock levels and place orders as needed to avoid shortages or surplus.
• Coordinate with internal departments to understand purchasing needs and product specifications.
• Analyze market trends to anticipate and address procurement challenges effectively.
• Implement strategies for inventory optimization and cost reductions without sacrificing quality.
• Ensure compliance with company policies and legal requirements in all purchasing activities.
• Develop and maintain positive relationships with key suppliers and stakeholders.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 3 years experience in procurement or purchasing management roles.
• Proficiency in Microsoft Office Suite, especially Excel, and procurement software systems.
• Excellent negotiation, communication, and interpersonal skills for dealing with suppliers.
• Strong analytical abilities to evaluate purchasing options and make informed decisions.
• Proven track record in managing purchase orders and procurement processes efficiently.
• Ability to work independently with minimum supervision in a fast-paced environment.