PURCHASE cum STORE Job Description Template
The PURCHASE cum STORE position is responsible for overseeing all procurement activities and ensuring efficient inventory management. This role requires maintaining relationships with suppliers, negotiating contracts, and keeping track of stock levels to ensure the smooth operation of the organization's supply chain.
Responsibilities
- Coordinate with suppliers to procure materials and supplies.
- Negotiate contracts, pricing, and terms with vendors.
- Monitor and maintain optimal inventory levels.
- Conduct regular audits and inventory checks.
- Track and manage purchase orders and delivery schedules.
- Ensure compliance with company policies and procedures.
- Prepare and maintain documentation related to procurement and inventory.
- Collaborate with various departments to understand their inventory needs.
Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience in procurement and/or inventory management.
- Strong negotiation and vendor management skills.
- Excellent organizational and multitasking abilities.
- Attention to detail and accuracy.
Skills
- Inventory Management Software
- Procurement Systems
- Microsoft Excel
- ERP Systems
- Negotiation
- Data Analysis
- Supply Chain Management
Frequently Asked Questions
A Purchase cum Store Manager coordinates procurement activities and manages inventory levels. They assess supplier performance, negotiate contracts, and ensure timely stock replenishment. Additionally, they oversee storage practices to maintain product quality, manage inventory tracking, and are responsible for optimizing the supply chain processes for efficiency.
To become a Purchase cum Store Manager, candidates typically need a bachelor's degree in business administration, supply chain management, or a related field. Experience in procurement or inventory management is highly valuable. Skills in negotiation, organization, and familiarity with inventory management software are essential. Gaining certification like Certified Professional in Supply Management can enhance career prospects.
The average salary for a Purchase cum Store Manager varies depending on factors such as industry, location, and experience. Generally, they earn a competitive salary, reflecting their dual responsibilities in purchasing and store management. Bonuses and benefits may be offered based on performance and company policy, further augmenting total compensation.
A Purchase cum Store role typically requires a bachelor's degree in supply chain management, logistics, or business administration. Employers often seek candidates with relevant experience in purchasing or inventory management. Proficiency in inventory management systems, strong analytical skills, and the ability to negotiate and communicate effectively are also essential requirements for the position.
A Purchase cum Store position involves skills like data analysis, negotiation, inventory management, and proficiency in inventory software. Responsibilities include managing supplier relationships, ensuring cost-effective procurement strategies, overseeing stock levels, maintaining accurate inventory records, and implementing best practices to optimize storage and reduce costs. Effective communication skills are also crucial to liaise with various departments.