Purchase executive

Job description

Identify and evaluate potential suppliers. Develop and maintain strong relationships with vendors. Negotiate contracts and pricing to secure the best deals. Ensure vendors meet quality and compliance standards. Purchasing & Cost Optimisation Procure goods and services required for business operations. Compare prices, quality, and delivery timelines before finalizing orders. Optimize procurement costs while maintaining quality. Monitor market trends to identify cost-saving opportunities. Inventory & Supply Chain Coordination Work closely with warehouse and logistics teams to ensure timely stock replenishment. Track orders and ensure timely delivery. Address supply chain disruptions and manage shortages efficiently. Compliance & Documentation Ensure procurement follows company policies and industry regulations. Maintain proper documentation for purchases, including invoices, purchase orders, and contracts. Conduct audits to verify procurement procedures and supplier compliance. Analysis & Reporting Maintain procurement records and generate reports on spending, savings, and supplier performance. Analyze data to improve purchasing strategies. Present insights to management for better decision-making. Cross Team Cordination Coordinate with finance, operations, and production teams to understand purchasing needs. Support product development teams in sourcing new materials or components

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