Designation: Purchase Executive

Job Location: Worli Naka,Bhim Nagar,Mahalaxmi,Mumbai

Domain: Furniture / Interior / Architect/ Home Automations/ Automations

Experience: 2+ Years

Key Responsibilities:
1. Sourcing and Vendor Management:
- Identify potential suppliers and vendors based on quality, price, and delivery capabilities.
- Evaluate and select vendors through competitive bidding and negotiation processes.
- Maintain solid relationships with suppliers and manage vendor performance.

2. Purchase Order Processing:
- Generate purchase orders accurately and in a timely manner.
- Ensure adherence to procurement policies and procedures.
- Coordinate with internal stakeholders to confirm purchase requirements and specifications.

3. Price Negotiation and Cost Management:
- Negotiate favorable terms and pricing with suppliers to achieve cost savings.
- Monitor market trends and conduct price analysis to identify opportunities for cost reduction.
- Review and approve invoices and resolve discrepancies with suppliers.

4. Inventory Management:




- Monitor inventory levels and track stock movements.
- Coordinate with warehouse and logistics teams to ensure timely receipt and delivery of goods.
- Implement inventory control measures to minimize stockouts and excess inventory.

5. Quality Assurance:
- Ensure that purchased products and materials meet quality standards and specifications.
- Collaborate with quality control teams to resolve quality issues with suppliers.
- Conduct supplier audits and assessments to ensure compliance with quality requirements.

6. Documentation and Reporting:
- Maintain accurate records of purchase transactions, contracts, and agreements.
- Prepare and analyze procurement reports to track spending and performance metrics.
- Assist in the development of procurement policies, procedures, and guidelines.

7. Compliance and Risk Management:
- Ensure compliance with legal and regulatory requirements related to procurement activities.
- Identify

📌 Purchase Executive (Worli Naka)
🏢 ICONIC BUSINESS SOLUTION
📍 Worli Naka