Purchase Executive

Job Title: Purchase Executive

Job Type: Full-time

Salary: ₹12,000.00 - ₹15,000.00 per month

Benefits: Provident Fund

Schedule: Day shift, Morning shift

Location: Madurai

Job Description:

As a Purchase Executive, you will play a vital role in managing the procurement process for our organization. You will be responsible for researching vendors, evaluating offers, negotiating contracts, tracking orders, and maintaining accurate records. Additionally, you will collaborate with warehouse staff and stay updated on industry trends to ensure efficient operations.

Education: Bachelor's degree preferred

Experience: Purchasing: 1 year 

• Research potential vendors and assess their suitability and reliability.
  
• Compare and evaluate offers from suppliers to obtain the best value for the organization.
  
• Negotiate contract terms of agreement and pricing to optimize cost savings.
  
• Track orders and ensure timely delivery to meet organizational needs.
  
• Review the quality of purchased products to uphold standards and satisfaction.
  
• Enter order details, including vendors, quantities, and prices, into internal databases accurately.
  
• Maintain updated records of purchased products, delivery information, and invoices for transparency and accountability.
  
• Prepare reports on purchases, including cost analyses and expenditure tracking, to inform decision-making.
  
• Monitor stock levels and place orders as necessary to maintain adequate inventory levels.
  
• Coordinate with warehouse staff to ensure proper storage and distribution of goods.
  
• Attend trade shows and exhibitions to stay informed about industry trends and new products.
  

Requirements and Skills:

• Proven work experience as a Purchasing Officer, Purchasing Agent, or similar role.
  
• Good knowledge of vendor sourcing practices, including researching, evaluating, and liaising with vendors.
  
• Hands-on experience with purchasing software such as Procuring or SpendMap.
  
• Understanding of supply chain procedures and logistics management.
  
• Solid analytical skills, with the ability to create financial reports and conduct cost analyses.
  
• Strong negotiation skills to secure favorable terms and pricing.
  
• Minimum 1 year of experience in Accounts/Purchase.
  
• Bachelor's degree preferred.