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Purchasing Executive

Delhi
Full-Time
Mid-Level: 3 to 4 years
35K - 40K (Per Month)
Posted on Dec 27 2024

About the Job

Skills

Supply Chain Management
Vendor Management
Inventory Management
Negotiation
Cost Analysis
Market Research
Contract Management
Communication Skills

Key Responsibilities: 

1. Supplier Management: 

o Identify and evaluate potential suppliers. 

o Develop and maintain strong relationships with existing suppliers. 

o Negotiate terms and conditions with suppliers to secure favorable contracts and pricing. o Monitor supplier performance and resolve any issues or disputes. 

2. Procurement Strategy: 

o Develop and implement procurement strategies aligned with the company’s goals and  objectives. 

o Analyze market trends and industry developments to identify new opportunities for cost  savings and process improvements. 

o Ensure compliance with company policies and industry regulations. 

3. Purchase Orders and Inventory Management: 

o Oversee the creation and processing of purchase orders. 

o Monitor inventory levels and forecast future needs to ensure optimal stock levels. o Coordinate with inventory and warehouse teams to manage stock and avoid  overstocking or stockouts. 

4. Cost Management: 

o Monitor and control procurement budgets. 

o Identify opportunities for cost reduction and process efficiency. 

o Prepare and present cost analysis reports and recommendations. 

5. Quality Assurance: 

o Ensure that purchased products meet quality standards and regulatory requirements. o Address and resolve any quality issues with suppliers. 

o Conduct regular audits and evaluations of supplier performance. 

6. Documentation and Reporting: 

o Maintain accurate and up-to-date records of purchase orders, supplier agreements, and  other procurement documents.

o Prepare regular reports on procurement activities, including cost analysis, supplier  performance, and inventory levels. 

o Provide insights and recommendations to senior management based on procurement  data. 

7. Team Management: 

o Supervise and mentor procurement staff. 

o Provide training and support to team members to enhance their skills and performance. o Foster a collaborative and productive work environment. 

Qualifications: 

∙ Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. A  Master’s degree or professional certification (e.g., CPSM, CPP) is a plus. 

∙ 4-7 years of experience in procurement or purchasing, preferably within the FMCG or Pharma  industry. 

∙ Strong knowledge of procurement processes, supplier management, and inventory control. ∙ Excellent negotiation, communication, and interpersonal skills. 

∙ Ability to analyze market trends, data, and supplier performance. 

∙ Experience using procurement software SAP,ERP, etc. 

∙ Proficiency in procurement software and Microsoft Office Suite. 

∙ Strong organizational and problem-solving skills with attention to detail. 

Working Conditions: 

∙ Office environment with occasional travel to supplier sites or other company locations. ∙ May require extended hours during peak periods or special projects.

About the company

SLI excels in providing our clients with Real Time Data Solutions and Talent Acquisition, Talent Management & Development, and End to End Staffing Solution.We offer B2B prospecting with strong accuracy and Data Mining Services.

Industry

Staffing and Recruiting

Company Size

11-50 Employees

Headquarter

New Delhi

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