Sr. Executive - Purchase

Cyient Limited is looking for Sr. Executive - Purchase to join our dynamic team and embark on a rewarding career journey. The Senior Executive in the Purchase department is responsible for managing and optimizing the procurement process, ensuring the timely and cost-effective acquisition of goods and services, and maintaining strong relationships with suppliers. Key Responsibilities : Procurement : Identify and source suppliers/vendors for goods and services required by the organization. Negotiate pricing, terms, and contracts with suppliers to secure cost-effective deals. Place purchase orders and ensure timely delivery of products. Vendor Management : Establish and maintain strong relationships with suppliers. Monitor supplier performance, quality, and compliance with contract terms. Resolve any issues or disputes with suppliers promptly. Cost Control : Implement cost-saving strategies, such as bulk purchasing, vendor consolidation, and contract negotiations. Monitor and analyze market trends to identify cost-saving opportunities. Inventory Management : Maintain optimal inventory levels to meet demand while minimizing excess stock. Develop and implement inventory control policies and procedures. Compliance and Documentation : Ensure all procurement activities comply with relevant laws and regulations. Maintain accurate records of all procurement transactions and contracts. Quality Control : Collaborate with quality assurance teams to ensure the quality and standards of procured goods and services meet company requirements.