Job Overview

We are seeking a Purchasing Executive to join our team in Bengaluru. This full-time position at the junior level requires 1 to 3 years of work experience. The successful candidate will play a crucial role in managing supply chain processes, vendor relationships, and ensuring cost-effective procurement within the organization. The position offers an exciting opportunity to be a part of a growing team in a dynamic industry.

Qualifications and Skills

• Proficiency in supply chain management, overseeing the entire cycle from procurement to delivery, is essential (Mandatory skill).
• Demonstrated ability in vendor management, ensuring strong partnerships and quality assurance (Mandatory skill).
• Expertise in cost analysis to evaluate and minimize costs without compromising on quality (Mandatory skill).
• Strong negotiation skills to secure favorable terms and conditions with vendors and suppliers.
• Proven experience in inventory management, ensuring optimal stock levels and minimizing excesses.
• Ability to conduct market research to identify trends, new products, and alternative suppliers.
• Experience in contract management, including drafting, reviewing, and negotiating contract terms.
• Effective communication skills to liaise with internal teams, vendors, and stakeholders.

Roles and Responsibilities

• Manage end-to-end purchasing activities including sourcing, procurement, and delivery of goods.
• Develop and maintain strong vendor relationships to ensure product availability at competitive prices.
• Conduct regular cost analysis and market research to ensure the organization remains competitive.
• Negotiate contracts and agreements with suppliers to secure favorable terms and conditions.
• Oversee inventory levels and work closely with internal teams to forecast procurement needs.
• Prepare and present reports on purchasing, inventory, and cost performance metrics.
• Ensure compliance with company policies and legal requirements in all procurement activities.
• Collaborate with cross-functional teams to understand and meet their procurement requirements.