Job Summary The Purchase Executive will oversee the procurement process from sourcing suppliers to negotiating contracts and managing inventory The role requires strong negotiation skills attention to detail and the ability to manage multiple tasks efficiently Key Responsibilities Supplier Management Identify and evaluate potential suppliers based on quality price and delivery speed Develop and maintain relationships with key suppliers to ensure reliable sources of materials Conduct supplier audits and performance evaluations Procurement Process Prepare and process purchase orders and requisitions for materials supplies and equipment Review and analyze purchase requisitions to ensure compliance with company policies and budget constraints Negotiate prices terms and conditions with suppliers to secure the best deals Inventory Management Monitor inventory levels to ensure adequate supplies are available to meet production and operational needs Coordinate with warehouse staff to manage and track inventory Implement inventory control systems to minimize waste and reduce costs Cost Management Analyze market trends and pricing to identify cost-saving opportunities Develop and implement strategies to reduce procurement costs without compromising quality Monitor and report on procurement expenditures and savings Compliance and Documentation Ensure all procurement activities comply with company policies legal requirements and ethical standards Maintain accurate and up-to-date procurement records and documentation Assist in the preparation of reports and presentations for management Vendor Coordination Coordinate with vendors to ensure timely delivery of goods and services Resolve any issues or discrepancies related to orders deliveries or invoices Manage vendor contracts and agreements ensuring all terms are met Collaboration and Communication Work closely with other departments such as production logistics and finance to understand their needs and ensure smooth procurement operations Provide regular updates to management on procurement status challenges and opportunities Participate in cross-functional teams and projects as needed Continuous Improvement Identify opportunities to improve procurement processes and systems Stay updated on industry trends best practices and recent technologies in procurement Participate in professional development and training programs Job Types Full-time Permanent Pay 20 000 00 - 30 000 00 per month Benefits Health insurance Paid sick time Education Bachelor s Preferred Experience total work 1 year Preferred Willingness to travel 25 Preferred Work Location In person

📌 Purchase Executive (Maharashtra)
🏢 Pride Hotels Chennai
📍 Maharashtra