Purchase Executive 10D25

The role of a Purchase Executive is pivotal in managing an organization's procurement activities, ensuring a seamless supply of materials, goods, and services. As a Purchase Executive, you will be responsible for developing procurement strategies that optimize the purchasing process while maintaining the highest quality and cost-efficiency. Your expertise will directly impact the company’s bottom line and operational success. You will liaise with suppliers, negotiate contracts, and manage relationships that align with the organization's long-term goals. A keen eye for detail, strong negotiation skills, and a thorough understanding of the supply chain and market trends are essential attributes for success in this role. Welcome to a dynamic environment where your contributions will be highly valued and pivotal in shaping the strategic direction of the company.

Responsibilities

• Develop and implement effective procurement strategies across all areas of spend.
• Identify potential suppliers and conduct rigorous evaluations to ensure quality standards.
• Negotiate payment terms and contracts to achieve the best possible prices.
• Work closely with internal stakeholders to understand and meet their procurement needs.
• Manage supplier relationships to ensure timely delivery and adherence to terms.
• Coordinate with logistics teams to balance inventory levels and delivery schedules.
• Analyze market trends to predict future purchasing needs and adjust strategies accordingly.
• Ensure compliance with all company policies and any relevant government regulations.
• Prepare procurement reports and forecasts to inform executive decision-making.
• Monitor purchase orders and resolve issues with suppliers as needed.
• Lead continuous improvement initiatives within the procurement department.
• Provide training and guidance to junior procurement staff when necessary.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 3 years’ experience in procurement or a similar role required.
• Strong negotiation skills and proven ability to manage supplier relationships.
• Excellent analytical skills and ability to assess complex procurement data.
• Proficiency in procurement software and Microsoft Office Suite is essential.
• Effective communication and interpersonal skills for liaising and negotiating.
• Ability to work independently and solve problems with minimal supervision.