Job Summary:

 A Purchase Executive is responsible for planning, managing, and overseeing an organization's procurement activities. Ensuring that goods and services are acquired efficiently, cost-effectively, and in compliance with regulations and quality standards.

Description:

• Source and select suppliers for goods and services based on price, quality, and delivery speed
• Negotiate contracts, terms, and pricing with suppliers
• Ensure timely delivery of materials to meet production schedules
• Monitor and maintain inventory levels to optimize costs and minimize stockouts
• Collaborate with cross-functional teams to forecast demand and plan procurement activities
• Evaluate supplier performance and resolve any issues or disputes
• Keep updated records of purchased products, delivery information, and invoices
• Stay informed about market trends, new products, and changes in regulations related to procurement

Qualifications

• Bachelor’s degree in supply chain management, B. Tech- Mechanical
• Proven experience in procurement or purchasing role
• Strong negotiation and communication skills written & oral
• Excellent organizational and time management skills
• Ability to work well under pressure and meet deadlines
• Knowledge of procurement processes and best practices
• Proficient in using procurement software and tools
• Attention to detail and accuracy

Skills

• Supplier management
• Negotiation
• Inventory management
• Procurement software
• Supply chain
• Communication
• Attention to detail
• Analytical thinking

Experience

2-3 Years in same field