Purchase Executive 24D25

As a Purchase Executive, you will play a pivotal role in managing and overseeing the procurement activities within our organization. The ideal candidate will have a strong understanding of supply chain management and enjoy working in an efficient and cost-effective manner. You will be responsible for sourcing high-quality products and services, negotiating the best possible deals, and ensuring timely delivery. Your role requires coordination with various departments, managing supplier relationships, and ensuring compliance with company policies. A successful Purchase Executive should possess exceptional organizational skills, be detail-oriented, and have a keen sense of cost management. Join our dynamic team and contribute to our company's success by improving operational efficiency through strategic procurement.

Responsibilities

• Identify and evaluate reliable suppliers for quality and cost-effective products.
• Maintain and update supplier databases and procurement records systematically.
• Negotiate terms and contracts with suppliers to secure advantageous terms.
• Develop and implement procurement strategies to streamline purchasing processes.
• Monitor inventory levels to avoid shortages or overstock issues.
• Ensure all procurement activities align with company policies and budgetary restrictions.
• Coordinate with departments to understand their current and upcoming material needs.
• Assess vendor performance and provide feedback or initiate corrective actions.
• Prepare purchase orders and ensure timely placement and receipt of purchased items.
• Resolve any supply issues that may arise with expediency and professionalism.
• Stay updated on market trends and new products for continuous improvement.
• Ensure compliance with legal and regulatory standards in all purchasing activities.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, or related field.
• Proven experience as a Purchase Executive or in a similar procurement role.
• Strong negotiation skills and the ability to build relationships with suppliers.
• Excellent analytical skills to assess market trends and supplier capability.
• Proficiency in procurement software and Microsoft Office Suite applications.
• Strong attention to detail and ability to manage multiple tasks simultaneously.
• Good communication skills and a customer-oriented approach.