Procurement & Sourcing Identify and evaluate potential suppliers and vendors. Conduct market research to assess new products, services, and suppliers. Negotiate contracts, terms, and prices with suppliers. Monitor and manage supplier performance to ensure quality and delivery standards are met. Purchase Order Management Create and manage purchase orders based on department requirements. Ensure timely delivery of purchased items and resolve any delays or issues. Track orders and update internal teams on expected delivery dates. Inventory & Stock Control Monitor inventory levels and manage stock to avoid shortages or overstocking. Coordinate with the warehouse and logistics teams for seamless stock management. Budget & Cost Control Maintain purchasing budgets and strive to reduce costs without compromising quality. Analyze and report on purchase expenditures and savings. Supplier Relationship Management Maintain positive relationships with suppliers and resolve any issues or disputes. Evaluate supplier performance periodically based on quality, cost, and delivery. Documentation & Reporting Maintain accurate records of purchase orders, invoices, and contracts. Prepare regular reports on purchasing activities and stock levels for senior management. Vendor Identification & Onboarding Identify new potential vendors based on company requirements and market trends. Conduct vendor research and analysis to assess suitability, capabilities, and performance. Onboard new vendors, ensuring they meet all legal, operational, and financial criteria. Vendor Relationship Management Develop and maintain strong, long-term relationships with key vendors and suppliers. Collaborate with vendors to improve performance, quality, and delivery timelines. Serve as a primary point of contact between the company and its vendors. Contract Negotiation & Management Review and assess contract terms to ensure favorable conditions for the company. Monitor contract compliance and ensure that both parties fulfill their obligations. Vendor Performance & Evaluation Regularly assess vendor performance based on quality, pricing, reliability, and delivery. Conduct vendor audits and evaluations to identify improvement opportunities. Develop and implement action plans to address vendor performance issues. Supply Chain Optimization Analyze supply chain processes and recommend improvements to optimize efficiency and cost. Collaborate with internal teams to ensure a smooth and efficient flow of materials and services from vendors. Work with logistics and procurement teams to resolve any supply chain disruptions. Market & Industry Research Stay updated on market trends, new products, and technological advancements in vendor-related industries. Analyze competitors and market conditions to identify potential areas for vendor development. Documentation & Reporting Maintain accurate and up-to-date records of vendor agreements, performance metrics, and correspondence. Provide regular reports on vendor performance, new vendor acquisitions, and market conditions to senior management. Job Type: Full-time Benefits: Food provided Provident Fund Schedule: Day shift Night shift Education: Bachelor's (Preferred) Experience: total work: 3 years (Preferred) Work Location: In person,
Employement Category:
Employement Type: Full timeIndustry: ManufacturingRole Category: Not SpecifiedFunctional Area: Not SpecifiedRole/Responsibilies: Purchase Executive Job in Sleka industries pvt
Contact Details:
Company: Sleka industriesLocation(s): Other Gujarat