Purchase Executive

Overview:

Key Responsibilities:

• Conducting market research to identify potential suppliers and evaluate their products and services
• Negotiating contracts and terms with vendors to secure advantageous terms
• Monitoring and forecasting upcoming levels of demand for products and keeping track of any fluctuation in price and quality
• Developing and implementing purchasing strategies to optimize costeffectiveness and efficiency
• Collaborating with internal teams to understand their purchasing needs and ensuring the timely delivery of goods and services
• Managing supplier performance including issue resolution and leading supplier relationship management activities
• Participating in the development of specifications for products and services
• Assisting in managing inventory levels and maintaining proper stock levels
• Ensuring compliance with company policies and procedures as well as relevant legislation
• Staying updated with industry trends and best practices in procurement

Required Qualifications:

• Bachelors degree in Business Administration Supply Chain Management or related field
• Proven experience as a Purchase Executive or in a similar procurement role
• Strong negotiation and networking skills
• Understanding of supply chain procedures
• Excellent analytical and problemsolving abilities
• Ability to work independently and within a team
• Proficiency in Microsoft Office and purchasing software
• Exceptional communication and interpersonal skills
• Knowledge of sourcing and vendor management
• Attention to detail and strong organizational skills
• Ability to prioritize and manage time effectively
• Familiarity with industryrelated regulations and quality standards
• Ability to handle multiple tasks and work under pressure
• Understanding of cost analysis and budgeting
• Professional certification in procurement or related field is a plus

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