1. Supplier Management:
o Identify and evaluate potential suppliers.
o Develop and maintain strong relationships with existing suppliers.
o Negotiate terms and conditions with suppliers to secure favorable contracts and pricing.
o Monitor supplier performance and resolve any issues or disputes.
2. Procurement Strategy:
o Develop and implement procurement strategies aligned with the companys goals and objectives.
o Analyze market trends and industry developments to identify new opportunities for cost savings and process improvements.
o Ensure compliance with company policies and industry regulations.
3. Purchase Orders and Inventory Management:
o Oversee the creation and processing of purchase orders.
o Monitor inventory levels and forecast future needs to ensure optimal stock levels.
o Coordinate with inventory and warehouse teams to manage stock and avoid overstocking or stockouts.
4. Cost Management:
o Monitor and control procurement budgets.
o Identify opportunities for cost reduction and process efficiency.
o Prepare and present cost analysis reports and recommendations.
5. Quality Assurance:
o Ensure that purchased products meet quality standards and regulatory requirements.
o Address and resolve any quality issues with suppliers.
o Conduct regular audits and evaluations of supplier performance.
6. Documentation and Reporting:
o Maintain accurate and up-to-date records of purchase orders, supplier agreements, and other procurement documents.
o Prepare regular reports on procurement activities, including cost analysis, supplier performance, and inventory levels.
o Provide insights and recommendations to senior management based on procurement data.
7. Team Management:
o Supervise and mentor procurement staff.
o Provide training and support to team members to enhance their skills and performance.
o Foster a collaborative and productive work environment.
Experience
4 - 8 Years
No. of Openings
4
Education
B.A, B.B.A, B.Com, B.Ed, Any Bachelor Degree
Role
Purchase Executive
Industry Type
FMCG / Food / Beverages
Gender
[ Male / Female ]
Job Country
India
Type of Job
Full Time
Work Location Type
Work from Office
Face interview location
Netaji subhash Place