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naukripay group

Purchase Executive ( Faridabad )

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Job Description

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Purchase Executive manages the end-to-end procurement process, sourcing vendors, negotiating contracts, and ensuring cost-effective, timely acquisition of goods/services. Key duties include issuing purchase orders (POs), maintaining inventory levels, evaluating supplier performance, and maintaining documentation. This role requires strong negotiation, analytical skills, and familiarity with ERP software.
TaggdTaggd +4Key ResponsibilitiesSupplier Sourcing & Management: Identify, evaluate, and develop reliable vendors to secure high-quality products at competitive prices.Procurement Operations: Create, manage, and process purchase orders (POs) and ensure timely delivery of materials.Negotiation: Negotiate contract terms, pricing, and payment schedules to optimize costs.Inventory Control: Monitor inventory levels and forecast demand to prevent shortages or overstocking.Documentation & Reporting: Maintain accurate records of purchases, pricing, and supplier invoices, often reporting to management.Quality Assurance: Ensure received goods meet company quality standards and specifications. TaggdTaggd +6QualificationsEducation: Bachelor's degree in Business Administration, Supply Chain Management, or related field.Experience: Proven experience in procurement, purchasing, or vendor management.Skills: Strong negotiation, interpersonal, and analytical skills. Proficiency in MS Excel and ERP software is typically required. Expertia AIExpertia AI +3Common Performance MetricsCost savings achieved.Timeliness of deliveries.Supplier performance rating.Inventory accuracy.

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Job ID: 146057441