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Purchasing Executive - Chandigarh, India - WONTEL TECHNOLOGIES PVT. LTD.

3 weeks ago

Description
Job SummaryThe Purchase Executive role at Wontel Technologies Pvt. Ltd. involves vendor management, inventory control, contract negotiation, and ensuring procurement meets company quality standards.
This detail-oriented position requires a proactive approach to sourcing goods and services, building strong supplier relationships, and optimizing inventory turnover while balancing cost with availability.
Responsibilities:
- End-to-End Purchase Order Management: Accurately generate, track, and manage purchase orders to ensure timely acquisition of goods and services. Confirm that orders meet specifications, budget, and deadlines, and are aligned with company standards.
- Supplier Relations and Negotiation: Build strong partnerships with suppliers to negotiate competitive pricing, favorable terms, and high service levels. Act as the primary liaison for resolving issues related to order fulfillment, quality, or delivery timelines.
- Inventory and Demand Coordination: Work closely with inventory, warehouse, and production teams to forecast demand, prevent stock outs, and optimize inventory turnover, balancing cost with availability.
- Cost Control and Optimization: Drive cost savings by sourcing strategically, analyzing supplier pricing, and making data-driven recommendations to lower procurement expenses without compromising quality.
- Compliance and Documentation Control: Ensure all purchase orders meet internal and legal compliance standards, maintaining comprehensive and accurate records for auditing and future reference.
- Performance Tracking and Reporting: Provide detailed reporting on order status, supplier performance, budget adherence, and overall procurement efficiency, delivering insights to aid in continuous improvement.
Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, Finance, or related field.
- 2+ years of experience in procurement, purchasing, or a similar role.
- Strong analytical abilities, with a proactive approach to identifying cost-saving opportunities.
- Excellent negotiation skills and experience building effective supplier relationships.
- Proficiency in ERP and procurement software, as well as Excel and other data analysis tools.
Requirements:
Exceptional attention to detail, organizational skills, and time management abilities.
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