The Purchase Executive is responsible for managing the procurement process, including sourcing equipment, goods, and services while ensuring timely and cost-effective purchasing. This role requires expertise in supplier management, market analysis, and negotiation, contributing to the company's strategic objectives. The ideal candidate will be a skilled negotiator with experience in inventory management, vendor relations, and procurement strategy, particularly in the manufacturing sector.
What we are looking for:
- 2 years of experience in procurement, purchasing, or supply chain roles
- Experience in the manufacturing field is required
- Experience with purchase order systems and inventory control software
- Ability to work both independently and as part of a team
- Ability to reliably commute to or relocate to Kochi, Kerala before starting work (Required)
Responsibilities:
- Develop and maintain strong relationships with suppliers to secure optimal terms
- Regularly assess vendor performance to ensure the quality of supplied products
- Develop and execute a comprehensive procurement strategy aligned with company goals
- Collaborate with internal teams and stakeholders to clarify requirements and expectationsIdentify potential suppliers based on project needs
- Negotiate pricing, quantity, and delivery terms to achieve the best value
- Prepare and issue purchase orders in a timely manner
- Monitor deliveries to ensure products are received on schedule
- Leverage negotiation skills to secure favorable terms with suppliers
- Stay informed about market trends, pricing fluctuations, and supply challenges
- Identify opportunities for cost reduction through strategic sourcing
- Ensure procured goods meet required quality standards
- Collaborate with the Quality Control department for inspections and assessments
- Track stock levels and initiate replenishment as needed
- Work with inventory and sales teams to maintain accurate stock records
Required Skills & Expertise:
- Strong vendor management, negotiation, and procurement strategy skills
- Excellent communication and relationship-building abilities