Senior Purchase Executive

Responsibilities:

Procurement:

• Source and evaluate potential suppliers and vendors.
• Negotiate contracts and agreements with suppliers to secure advantageous terms.
• Collaborate with various departments to understand their procurement needs.
• Ensure timely delivery of high-quality goods at the best possible cost.

Inventory Management:

• Oversee the organization's inventory levels and ensure optimal stock levels are maintained.
• Implement effective inventory control measures to minimize excess or insufficient stock situations.
• Regularly monitor and analyze inventory data to identify trends and areas for improvement.

Vendor Management:

• Build and maintain strong relationships with vendors and suppliers.
• Evaluate supplier performance and address issues promptly to maintain a high standard of service.
• Continuously seek new suppliers and products to improve the quality and cost-effectiveness of goods.

Documentation and Record Keeping:

• Maintain accurate records of all procurement activities, including contracts, purchase orders, and invoices.
• Ensure compliance with all relevant laws and regulations governing procurement and stores activities.
• Generate reports on procurement and inventory performance for management review.

Cost Control:

• Implement cost-saving initiatives without compromising quality.
• Analyze pricing and market trends to make informed purchasing decisions.
• Identify opportunities for process improvement to enhance cost efficiency.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Proven experience of minimum 3 years in procurement, preferably in a similar role.
• Strong negotiation and communication skills.
• Excellent organizational and time-management abilities.
• Knowledge of inventory management principles and practices.
• Familiarity with relevant laws and regulations related to procurement.
• Proficiency in using procurement software and Microsoft Office Suite.