Purchase Executive (Kubadthal)

Experience, AhmedabadResponsibilities: Procurement and Sourcing: - Identify and evaluate potential suppliers, negotiate pricing, and secure favorable terms. - Ensure the procurement of materials are in line with company standards and budget. - Review purchase requisitions and convert them into purchase orders after ensuring the accuracy and completeness of details. - Vendor Management: - Maintain and develop relationships with key suppliers and vendors. - Evaluate vendor performance based on criteria such as quality, delivery speed, and cost. - Manage supplier contracts and agreements, ensuring compliance with terms and conditions. - Negotiation and Cost Control: - Negotiate competitive pricing with suppliers to achieve cost savings while maintaining quality standards. - Work closely with the finance team to track purchasing budgets and ensure cost-effectiveness. - Implement strategies to reduce procurement costs and improve purchasing efficiency. - Inventory and Supply Chain Management: - Collaborate with the inventory team to ensure the availability of materials and prevent shortages or excess stock. - Monitor stock levels and initiate timely reordering of materials and supplies. - Purchase Order Management: - Review, approve, and issue purchase orders to suppliers in accordance with company procedures. - Ensure timely processing of purchase orders and follow-up on pending deliveries or delayed shipments. - Maintain accurate records of purchase orders, invoices, and receipts for future reference. - Compliance and Documentation: - Ensure all procurement activities comply with company policies and applicable legal requirements. - Maintain accurate and up-to-date records of suppliers, procurement contracts, and purchase orders. - Team Collaboration and Reporting: - Work closely with other departments to understand procurement needs and align purchases with project goals. Provide regular reports on purchasing activities, cost savings, and supplier performance to seni .