Duties & Responsibilities
Job Summary
We are looking for a dynamic Purchase Executive with 7 to 10 years of experience in the Food & Beverage (F&B;) or Retail industry. The candidate will be responsible for end-to-end procurement activities, vendor management, sourcing, and cost optimization while ensuring timely availability of materials and compliance with quality standards.
Key Responsibilities
· Lead the team and Source and procure food, beverage, retail, packaging, consumables, and non-food items from approved vendors.
· Identify, evaluate, and negotiate with vendors to obtain the best quality, pricing, and commercial terms.
· Raise Purchase Orders (POs) after vendor finalization and obtain internal approvals.
· Ensure timely procurement and delivery of materials to support business operations.
· Manage Just-in-Time (JIT) procurement for perishable and fast-moving products.
· Develop and maintain strong relationships with suppliers and monitor vendor performance.
· Conduct market research to identify recent suppliers, products, and cost-saving opportunities.
· Negotiate annual contracts and ensure timely renewal of vendor agreements.
· Coordinate with Operations, Stores, Finance, and other departments to understand procurement requirements.
· Monitor inventory levels and coordinate replenishment to avoid stock shortages or excess inventory.
· Analyze procurement data, pricing trends, and supplier performance to improve procurement efficiency.
· Ensure compliance with company procurement policies and quality standards.
· Perform risk assessment for supply contracts and develop contingency plans for critical items.
· Control procurement spend and contribute to long-term cost savings initiatives.
Required Skills
· Experience in procurement within the F&B; or Retail industry is mandatory.
· Robust vendor management and negotiation skills.