Purchase Associate

Psgtech; Coimbatore District; On-site; INR 240,000 - 360,000; Full time

Job summary

Psgtech in Coimbatore invites a junior Purchase Associate to support procurement activities, create purchase orders, and liaise with suppliers to ensure timely deliveries.

The role requires a graduate, 0-2 years experience, and familiarity with inventory management and procurement software. You will work with internal teams to determine needs and help optimize costs while maintaining records.

Qualifications

• Bachelor's degree required in related fields.
• Minimum 2 years of experience in procurement or purchasing.
• Basic understanding of purchase concepts and inventory management.
• Strong interpersonal and negotiation skills with data interpretation ability.
• Proficient in procurement software and Microsoft Office Suite.
• Knowledge of market research and supplier evaluation techniques.

Responsibilities

• Creating purchase orders and relevant documents accurately and timely.
• Maintain effective communication with suppliers to track orders and resolve discrepancies.
• Maintain accurate databases and records of invoices, POs, stock levels and paperwork.
• Collaborate with internal departments to determine purchasing needs and specifications.
• Negotiating contracts with suppliers and managing inventory levels and timely deliveries.
• Identifying cost-effective sources and developing purchasing strategies.
• Ensuring supplier quality and addressing procurement problems.
• Vendor management: identify and build contacts of vendors.
• Evaluating vendors based on quality, timeliness, and price.
• Record keeping and analysis: maintain records and analyze data.
• Leading and managing a team of suppliers and buyers.
• Coordinating with managers to monitor inventory and determine supply needs.
• Cost Savings: Reduced procurement costs by X% through strategic vendor negotiations.

Skills

Interpersonal skills

Negotiation

Data interpretation

Procurement software

Microsoft Office

Education

Bachelor's degree in Bcom / Business Administration / Materials Management

Tools

Procurement software

Microsoft Office Suite

Job description

Job Title: Purchase Associate

Employment: Full Time

Position: Junior Level

Location: Coimbatore

Industry: Education

Qualification: Any Graduate

Experience: 0 - 2 years

Job Summary

The Purchase Associate is responsible for assisting in the procurement process, ensuring that our organization maintains a steady supply of quality goods and services necessary for operational effectiveness.

Key Responsibilities

• Creating purchase orders, and other relevant documents accurately and in a timely manner.
• Maintain effective communication with suppliers to track order status, resolve any discrepancies, and address potential issues.
• Maintain accurate databases and up-to-date records of invoices, purchase orders, Stock levels and other paperwork.
• Collaborate with internal departments to determine purchasing needs and specifications and ensure the purchase is done at the right time and delivered to the client department /Institution.
• Procurement & Purchasing:
  • Negotiating contracts with suppliers and vendors and managing inventory levels and coordinating with suppliers for timely deliveries.
  • Identifying cost-effective sources of goods and services and developing and implementing purchasing strategies.
  • Ensuring quality of procured items and addressing problems.
• Vendor Management:
  • identifying and building contacts of vendors of various items.
  • Evaluating vendors based on quality, timeliness, and price by doing vendor analysis
• Record Keeping & Analysis:
  • Maintaining accurate records of purchases, pricing, and other important data.
  • Analyzing purchase data to identify trends and areas for improvement.
  • Leading and managing a team of suppliers and buyers.
  • Coordinating with fellow managers to monitor inventory and determine supply needs.
• Cost Savings:"Reduced procurement costs by X% through strategic vendor negotiations and contract optimization".

Desired Candidate Profile

• Bachelor's degree in Bcom, business administration, materials management.
• Minimum of 2 years of experience in procurement or purchasing role.
• Basic understanding of purchase concepts and Inventory management.
• Strong Interpersonal and negotiation skills with the ability to assess and interpret data.
• Proficient in using procurement software and Microsoft Office Suite.
• Knowledge of market research and supplier evaluation techniques.