Purchase Executive

Overview

Key Responsibilities

• Conduct market research to identify new suppliers and products
• Negotiate prices and contracts with suppliers
• Develop and implement purchasing strategies
• Collaborate with inventory control and sales teams to forecast demand
• Monitor inventory levels and ensure timely procurement
• Evaluate supplier performance and maintain good relationships
• Resolve supply chain and logistical issues
• Oversee the procurement process and maintain accurate records
• Identify cost-saving opportunities and implement efficiency improvements
• Comply with and enforce procurement policies and procedures

Required Qualifications

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field
• Proven experience as a Purchase Executive or in a similar role
• Strong negotiation and communication skills
• Knowledge of supply chain and inventory management
• Proficiency in MS Office and purchase management software
• Ability to analyze data and make informed decisions
• Excellent time management and organizational skills
• Understanding of procurement regulations and ethical standards
• Ability to work effectively in a team and independently
• Strong attention to detail and a strategic mindset