- Identify and evaluate suppliers based on price, quality, and delivery speed.
- Negotiate contracts, payment terms, and cost-saving strategies.
- Maintain strong relationships with existing vendors and onboard recent suppliers.
- Purchase Order Management
- Prepare and process purchase orders (POs) based on business requirements.
- Ensure timely approval and follow up on PO execution.
- Coordinate with accounts for invoice clearance and payments.
- Inventory & Material Planning
- Monitor stock levels and ensure the timely availability of materials.
- Work closely with the production and warehouse teams to optimize inventory.
- Cost Control & Budgeting
- Analyze purchase costs and find cost-effective procurement strategies.
- Assist in preparing annual procurement budgets and tracking expenses.
- Supplier Compliance & Quality Assurance
- Ensure all purchased goods comply with company quality standards.
- Address supplier issues and maintain proper documentation for audits.
- Coordination & Reporting
- Collaborate with internal departments to ensure smooth procurement operations.
- Maintain records of purchase orders, contracts, and supplier performance.
- Generate reports on purchase activities, cost savings, and supplier evaluations.
Desired Profile / Criteria / Skills :
Strong negotiation and vendor management skills.
- Knowledge of procurement best practices and ERP systems.
- Ability to handle multiple suppliers and prioritize urgent requirements.
- Proficiency in MS Office (Excel, Word) and procurement software.
- Good communication and problem-solving abilities.
📌 Purchase Executive (Mumbai)
🏢 Actide International
📍 Mumbai
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