Purchase Executive - Rajkot, India - RUHI CONSULTANT

RUHI CONSULTANT Rajkot, India

1 day ago

Description

Overview

The PurchaseExecutive plays a crucial role in the procurement process byensuring timely and costeffective acquisition of goods and servicesessential for the organizations operations. They are responsiblefor maintaining supplier relationships negotiating contracts andmonitoring inventory levels to meet the companys requirements whileoptimizing costs.

Keyresponsibilities

Collaborate withvarious departments to determine procurement needs and developstrategic sourcing strategies
Negotiate withsuppliers to obtain favorable terms pricing and deliveryschedules
Assess the quality and suitability ofproducts and services before making purchasingdecisions
Oversee the purchase order processand maintain accurate records ofpurchases
Manage vendor relationships andevaluate their performance through regularassessments
Keep abreast of market trends andconduct research to identify potential suppliers and costeffectivepurchasing opportunities
Analyze and interpretdata to make informed purchasing decisions and optimize inventorylevels
Monitor and manage inventory to ensuretimely availability of requiredmaterials
Implement procurement best practicesand continually improve processes to enhanceefficiency
Adhere to procurement policiesprocedures and compliance with relevant regulations andstandards
Utilize purchasing software tostreamline procurement processes and maintain accuraterecords
Collaborate with finance department toensure timely payment processing and resolve any invoicingdiscrepancies
Participate in the developmentand review of procurement budget and cost controlmeasures
Generate regular reports onprocurement activities savings and supplierperformance
Contribute to the development andimplementation of sustainable and ethical sourcingpractices

Requiredqualifications

Bachelors degree inBusiness Administration Supply Chain Management or relatedfield
Proven experience working as a PurchaseExecutive or in a similar procurementrole
Demonstrated expertise in negotiationvendor management and contractadministration
Proficiency in using purchasingsoftware and other relevant procurementtools
Strong analytical skills and the abilityto interpret data to drive procurementdecisions
Excellent communication andinterpersonal skills for effective collaboration with internalteams and external vendors
Sound knowledge ofprocurement best practices sourcing strategies and markettrends
Ability to prioritize and managemultiple tasks in a dynamic and fastpacedenvironment
Understanding of inventorymanagement principles and supply chainfundamentals
Familiarity with financialprinciples and budget management
Attention todetail and a commitment to accuracy in procurement processes andrecordkeeping
Ability to adapt to newtechnology and continuous learning to enhance procurementcapabilities
Certifications in procurement andsupply chain management are an addedadvantage
Strong ethical values and commitmentto sustainable and socially responsible procurementpractices

negotiation,vendormanagement,market research,analytics,purchase planning,purchasemanagement,procurement,purchasing,sourcing,supplychain,management

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