Purchase Executive (225-1015)

As a Purchase Executive, your primary responsibility is to ensure that your organization's procurement operations run smoothly and efficiently. You will oversee the acquisition of products, supplies, and services essential for the operation of the company. This role requires an individual who can strategically source and negotiate the most favorable terms with suppliers and vendors while maintaining solid relationships with stakeholders. A keen eye for detail, strong negotiation skills, and a comprehensive understanding of supply chain management are paramount in this position. You will also be tasked with evaluating supplier performance, managing purchase orders, and leading cost savings initiatives. A collaborative spirit accompanied by excellent writing, communication, and leadership skills will be beneficial in keeping the purchase operations seamless and up-to-date with market trends.

Responsibilities

• Develop and implement purchasing strategies to ensure cost-effective procurement processes.
• Manage relationships with vendors and suppliers to maintain optimal supplier performance.
• Coordinate and oversee purchasing activities to ensure adherence to company policies.
• Perform cost analysis for existing and potential suppliers to achieve cost savings.
• Negotiate contracts and agreements with suppliers to secure beneficial terms.
• Monitor market trends and supply-demand shifts to anticipate organizational procurement needs.
• Prepare purchase orders and review for accuracy and completeness before approval.
• Evaluate and select suppliers, products, and services, ensuring quality and compliance requirements.
• Liaise with the finance department to ensure prompt and accurate payment of invoices.
• Maintain purchasing records and report on key performance indicators related to procurement.
• Collaborate with stakeholders to improve procurement services and procurement-related processes.
• Initiate and manage supplier performance assessments and vendor scorecards.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 3-5 years of experience in a purchasing or procurement role.
• Strong negotiation skills and ability to build lasting relationships with vendors.
• Excellent analytical skills with a strategic mindset to drive cost efficiencies.
• Proficient in procurement software and Microsoft Office suite, especially Excel.
• Solid understanding of supply chain processes and relevant market trends.
• Excellent interpersonal and communication skills to effectively work with cross-functional teams.