Purchase Executive

Looking For Purchase Executive

Thane, Wagle Estate

1. Procurement Management:
- Identify, evaluate, and select reliable suppliers/vendors for materials, equipment, and services.
- Procure raw materials, components, and consumables required for production promptly and cost-effectively.
- Ensure inventory levels are maintained to avoid production delays while minimizing carrying costs.

2. Vendor Relations:
- Develop and maintain strong relationships with vendors to secure the best terms.
- Monitor supplier performance based on quality, cost, and delivery standards.
- Resolve supplier issues and disputes promptly.

3. Cost Optimization:
- Negotiate pricing, payment terms, and contracts with suppliers to achieve cost savings.
- Identify opportunities for bulk purchases or long-term contracts to reduce costs.

4. Quality Assurance:
- Coordinate with the quality assurance team to ensure procured materials meet required specifications.
- Handle returns or replacements of defective goods.

5. Documentation Reporting:
- Prepare and manage purchase orders, contracts, and other procurement documentation.
- Maintain accurate records of supplier contracts, pricing, and procurement history.
- Generate reports on procurement activities, cost savings, and supplier performance.

6. Compliance Policies:
- Ensure all procurement activities comply with company policies and legal requirements.
- Stay updated on market trends, supply chain developments, and regulatory changes.