Purchase Officer

Dhoot Builders is looking for Purchase Officer to join our dynamic team and embark on a rewarding career journey

• Sourcing and Supplier Management:Identify potential suppliers and conduct market research to assess their capabilities and offerings
• Build and maintain a database of reliable suppliers and vendors
• Evaluate supplier performance based on quality, delivery, and pricing, and take appropriate actions to improve or replace underperforming vendors
• Purchase Order Processing:Collaborate with various departments to understand their procurement needs and create purchase requisitions accordingly
• Issue purchase orders to approved suppliers, ensuring accuracy and completeness of information
• Monitor and track the status of orders to ensure timely delivery
• Negotiation and Contract Management:Negotiate favorable terms and conditions with suppliers to secure the best deals and cost savings for the organization
• Prepare and review procurement contracts, ensuring compliance with legal and company policies
• Budget and Cost Control:Work closely with the finance department to establish and manage budgets for procurement activities
• Implement cost control measures to optimize spending without compromising quality
• Inventory Management:Collaborate with inventory teams to maintain optimal stock levels and avoid stockouts or overstock situations
• Conduct periodic stock assessments and coordinate with relevant stakeholders for replenishment
• Quality Assurance and Compliance:Ensure that purchased products and services meet the organization's quality standards
• Monitor and enforce compliance with procurement policies, ethical practices, and relevant regulations
• Vendor Relationships:Foster positive and productive relationships with suppliers and vendors
• Address and resolve any issues or disputes that may arise during the procurement process
• Reporting and Analysis:Prepare regular reports on procurement activities, vendor performance, and cost savings
• Analyze data to identify areas for improvement and make data-driven decisions

Requirements:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field
• Proven experience as a Purchase Officer or in a similar procurement role
• Strong negotiation and communication skills
• Familiarity with procurement software and tools
• Analytical mindset and the ability to interpret data and make informed decisions
• Knowledge of procurement regulations and best practices
• Attention to detail and organizational skills
• Ability to work independently and as part of a team

• B.com/M.com/BE/MBA with minimum 1 to 3 years of experience in purchase department in industrial civil construction company.
• Candidates having experience in ERP will be preferred.