Purchase Executive Job Description
As a Purchase Executive, you will play a vital role in supporting the company's operations by managing the procurement process. You will work closely with suppliers and internal stakeholders to ensure the timely and cost-effective acquisition of goods and services. This role requires strong negotiation skills, attention to detail, and the ability to handle multiple tasks simultaneously.
Responsibilities
- Source and select suppliers for goods and services based on price, quality, and delivery speed
- Negotiate contracts, terms, and pricing with suppliers
- Ensure timely delivery of materials to meet production schedules
- Monitor and maintain inventory levels to optimize costs and minimize stockouts
- Collaborate with cross-functional teams to forecast demand and plan procurement activities
- Evaluate supplier performance and resolve any issues or disputes
- Keep updated records of purchased products, delivery information, and invoices
- Stay informed about market trends, new products, and changes in regulations related to procurement
Qualifications
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field
- Proven experience in procurement or purchasing role
- Strong negotiation and communication skills
- Excellent organizational and time management skills
- Ability to work well under pressure and meet deadlines
- Knowledge of procurement processes and best practices
- Proficient in using procurement software and tools
- Attention to detail and accuracy
Skills
- Supplier management
- Negotiation
- Inventory management
- Procurement software
- Supply chain
- Communication
- Attention to detail
- Analytical thinking