Purchase Executive

ग्रेजुएट आणि त्याहून अधिक

Males Only

09:30 AM - 06:30 PM | 6 days working

Position: Purchase Executive Location: Noida Sector-64Job Type: Full Time Job Summary: The Purchase Executive is responsible for sourcing, negotiating, and procuring materials, products, and services required for business operations. They ensure cost-effectiveness, timely deliveries, and compliance with quality standards. The role also involves vendor management, purchase planning, and inventory coordination, ensuring smooth supply chain operations.Key Responsibilities:  Procurement & Sourcing:Identify, evaluate, and select reliable suppliers/vendors based on quality, cost, and delivery timelines.Source raw materials, finished goods, and services specific to the industry (e.g., automobile parts, telecom equipment, retail products, manufacturing raw materials).Monitor market trends, competitor pricing, and industry developments to optimize procurement decisions. Vendor & Supplier Management:Develop and maintain strong relationships with suppliers to ensure timely and cost-effective procurement.Negotiate contracts, pricing, payment terms, and delivery schedules.Evaluate vendor performance based on quality, service, and compliance.  Purchase Order & Inventory Coordination:Prepare and process purchase orders (POs), invoices, and approvals.Work with warehouse, inventory, and logistics teams to maintain optimal stock levels.Ensure on-time delivery and resolve issues related to delays, shortages, or quality.  Cost Control & Compliance:Monitor procurement expenses to optimize costs without compromising quality.Ensure compliance with company policies, industry regulations, and ethical sourcing standards.Assist in the preparation of budget forecasts and cost analysis reports.  Cross-functional Collaboration:Coordinate with production, sales, finance, and logistics teams to align procurement with business needs.Support new product launches by ensuring availability of materials and supplies.