Purchasing Executive

• Proven experience in supply chain management, essential to optimize the flow of materials and resources (Mandatory skill).
• Strong cost analysis capabilities to drive cost-saving initiatives and evaluate supplier pricing (Mandatory skill).
• Proficient in inventory management, ensuring appropriate levels of stock to meet production demands (Mandatory skill).
• Experience in strategic sourcing, identifying and negotiating with suppliers for the best terms and quality.
• Demonstrated skill in contract negotiation to secure advantageous agreements and manage supplier relationships.
• Familiarity with ERP software to streamline purchasing processes and manage data efficiently.
• Excellent communication skills to effectively liaise with suppliers and internal teams across different departments.
• Analytical skills to assess market trends and make data-driven purchasing decisions for the company.

• Develop and implement purchasing strategies that align with the company's overall financial objectives.
• Negotiate contracts, prices, and terms with suppliers to secure favorable agreements that benefit the organization.
• Monitor and manage the inventory levels, ensuring that the company maintains adequate supply levels.
• Conduct regular market analysis to identify new procurement opportunities and potential cost reductions.
• Ensure compliance with company policies and industry regulations regarding procurement practices.
• Collaborate with internal departments to align purchasing efforts with operational and production goals.
• Maintain detailed records of purchases, contracts, and supplier performance evaluations for future reference.
• Continuously evaluate and improve purchasing processes to enhance efficiency and effectiveness.

Expertia AI Technologies