Purchase Executive - Thanjavur

• We are looking for a diligent and strategic Purchase Executive to join our procurement team.
  
• The ideal candidate will be responsible for sourcing materials goods and services negotiating the best possible terms and ensuring timely delivery to support our operational needs.
  
• This role requires a keen eye for detail excellent negotiation skills and the ability to build and maintain strong relationships with suppliers.
  

Requirements

• Vendor Management:
  

  • Identify evaluate and select suppliers based on cost quality and reliability.
    
  • Develop and maintain strong relationships with existing and potential suppliers.
    
  • Monitor supplier performance and ensure compliance with contractual obligations.
    

• Procurement Operations:
  

  • Prepare and issue purchase orders and contracts in accordance with company policies.
    
  • Track orders and ensure timely delivery of materials and services.
    
  • Address and resolve any issues related to delays quality or pricing.
    

• Cost Management:
  

  • Conduct cost analysis to identify and implement costsaving opportunities.
    
  • Negotiate favorable terms and pricing with suppliers to achieve best value.
    
  • Monitor procurement budgets and ensure expenditures are within approved limits.
    

• Inventory Management:
  

  • Collaborate with inventory control and warehouse teams to manage stock levels.
    
  • Ensure optimal inventory levels to meet operational requirements without overstocking.
    
  • Conduct regular audits to reconcile inventory discrepancies.
    

• Compliance and Documentation:
  

  • Ensure procurement activities comply with company policies procedures and relevant regulations.
    
  • Maintain accurate and uptodate records of purchase orders contracts and supplier information.
    
  • Generate and present procurement reports and analyses to management.
    

• Market Research:
  

  • Conduct market research to stay informed about industry trends market conditions and emerging suppliers.
    
  • Assess and recommend new suppliers and alternative materials.
    
  • Attend industry events and trade shows to network and explore new opportunities.
    

• CrossFunctional Collaboration:
  

  • Work closely with internal departments to understand and anticipate their procurement needs.
    
  • Coordinate with the finance team to ensure accurate processing of invoices and timely payments.
    
  • Support crossfunctional projects and initiatives aimed at improving procurement processes.
    

Benefits