Job Title: Purchase Executive/ Purchase Assistant
Responsibilities:
Sourcing and Vendor Management:
Identify potential suppliers and negotiate terms and agreements.
Evaluate and select suppliers based on quality, cost, and reliability.
Maintain relationships with existing suppliers and manage vendor performance.
Purchase Planning:
Analyze purchase requisitions and ensure alignment with organizational needs.
Develop and implement effective procurement strategies.
Forecast demand and maintain optimal inventory levels.
Cost Negotiation:
Negotiate pricing, terms, and conditions with suppliers to secure favorable agreements.
Continuously seek opportunities to reduce costs and improve efficiency in the procurement process.
Order Processing:
Generate purchase orders and ensure timely delivery of goods and services.
Collaborate with other departments to ensure alignment with project timelines and specifications.
Quality Assurance:
Collaborate with quality control teams to ensure received products meet specified standards.
Address and resolve issues related to product quality, delivery, or other concerns.
Compliance and Documentation:
Ensure compliance with procurement policies, procedures, and relevant regulations.
Maintain accurate and up-to-date records of procurement activities.
Market Research:
Stay informed about market trends, new products, and industry best practices.
Conduct market research to identify potential suppliers and cost-effective purchasing opportunities.