Sr. Executive Purchase/Asst.Manager Purchase

Key Responsibilities

Supplier Sourcing & Management

• Identify and evaluate potential suppliers to ensure competitive pricing, quality standards, and reliable delivery schedules.
• Build and maintain strong, long-term relationships with key vendors and suppliers.

Procurement Planning

• Coordinate with internal departments to forecast material and product requirements based on project or production needs.
• Plan and place orders in a timely manner to ensure smooth operations and avoid stockouts.

Price Negotiation

• Negotiate contracts, prices, payment terms, and delivery schedules to secure favorable terms and cost savings for the organization.

Order Management

• Create and manage purchase orders ensuring accuracy of item specifications, pricing, and delivery timelines.
• Track order status and follow up with vendors to ensure timely deliveries.

Inventory Management

• Monitor stock levels and work with warehouse/inventory teams to maintain optimal inventory levels.
• Avoid overstocking or stock shortages through timely procurement actions.

Quality Control

• Ensure all procured goods meet internal quality standards and specifications.
• Coordinate with the quality assurance team for inspection and resolution of quality issues.

Vendor Performance Monitoring

• Evaluate supplier performance in terms of quality, cost, and timely delivery.
• Address and resolve any supplier-related issues that may impact operations.

Documentation & Reporting

• Maintain organized records of all purchases, contracts, quotations, and communications.
• Prepare and present procurement activity reports and cost savings analysis to management.

Compliance

• Ensure compliance with company policies, procurement guidelines, and legal/regulatory standards.

Cost Management

• Continuously seek cost optimization opportunities without compromising product quality.
• Stay updated on material market trends and pricing fluctuations.

Qualifications & Experience

• Bachelor's degree in Business, Supply Chain Management, or a related field
• Certification in procurement (e.g., CIPS, CSCP, or equivalent) is an added advantage
• 2–5 years of relevant experience in procurement or purchasing