Purchase Executive

Responsibilities:
Purchasing: Procure materials, supplies, and equipment as required by the company, ensuring timely delivery and competitive pricing.
Negotiation: Negotiate with suppliers to secure the best possible prices, terms, and delivery schedules.
Vendor Development: Identify, evaluate, and develop new suppliers to expand our vendor base and ensure a reliable supply chain.
Vendor Management: Manage existing supplier relationships, monitor performance, and address any issues that may arise.
Follow-up: Track orders, follow up with suppliers to ensure timely delivery, and resolve any discrepancies.
Local Market Purchase: Source materials and supplies from local markets, building relationships with local vendors and understanding local market dynamics.
Inventory Management: Work closely with the inventory team to ensure optimal inventory levels and avoid stockouts or overstocking.
Cost Control: Identify opportunities for cost savings and implement strategies to reduce procurement costs.
Documentation: Maintain accurate records of all purchases, including purchase orders, invoices, and vendor agreements.
Compliance: Ensure all purchases comply with company policies and procedures.
Market Research: Stay up-to-date on market trends, pricing, and new products.