Purchase Executive

Job Overview

We are seeking a Mid-Level Purchase Executive for our West Delhi location to join our dynamic team full-time. The ideal candidate will play a crucial role in managing the procurement process, overseeing vendor activities, and ensuring all purchasing activities are conducted smoothly and efficiently. The role requires a proactive individual with strong negotiation skills and a keen eye for inventory management.

Qualifications and Skills

• Proficient in procurement and vendor management, with the ability to analyze vendor proposals and determine the best value. (Mandatory skill)
• Experience in purchase order processing, ensuring timely and accurate order placements. (Mandatory skill)
• Strong negotiation skills with the capacity to secure favorable terms and pricing with suppliers.
• Advanced proficiency in MS Excel for detailed data analysis and reporting, supporting inventory assessments.
• Demonstrated experience in inventory management, maintaining optimal stock levels, and minimizing costs.
• Effective risk assessment skills to identify potential procurement issues and develop mitigation strategies.
• Excellent communication skills to liaise effectively with internal teams and external suppliers.
• Detail-oriented with exceptional organizational and multitasking abilities.

Roles and Responsibilities

• Manage the entire procurement process, from identifying requirements to negotiating contracts and finalizing purchases.
• Develop and maintain positive relationships with existing suppliers and source new vendors to ensure high-quality and cost-effective purchases.
• Coordinate with internal teams to ensure clear understanding and forecasting of purchasing needs.
• Analyze market trends to anticipate shifts in supply and demand to optimize purchasing opportunities.
• Monitor inventory levels to ensure adequate stock while minimizing excess and obsolete inventory.
• Conduct regular audits of procurement processes to ensure compliance and efficiency.
• Prepare and review purchase orders, ensuring accuracy and adherence to company policies.
• Resolve supply discrepancies in a timely manner to avoid critical business impact.