Concord Control Systems Limited Looking for Sr Purchase Executive at Lucknow, Uttar Pradesh Full Time

JOB DESCRIPTION :

The Purchase Executive is responsible for efficiently procuring goods and services required for the organization’s operations. This role involves sourcing suppliers, negotiating contracts, managing vendor relationships, and ensuring timely and cost-effective procurement while maintaining quality standards.

Procurement Strategy: Develop and implement procurement strategies aligned with the organization’s goals and objectives. This involves analyzing market trends, identifying potential suppliers, negotiating contracts, and managing relationships with key vendors.

Supplier Management: Identify and evaluate potential suppliers, conduct vendor assessments, negotiate contracts, and manage relationships with suppliers to ensure quality, timely delivery, and competitive pricing. Monitor supplier performance and address any issues or concerns.

Purchase Order Processing: Review and approve purchase requisitions, create purchase orders, and ensure accurate documentation of all procurement activities. Coordinate with internal stakeholders such as finance, production, and inventory teams to ensure smooth procurement processes.

Cost Management: Identify cost-saving opportunities through vendor negotiations, bulk purchasing, supplier consolidation, and other strategic initiatives. Monitor and control procurement expenses to achieve budgetary targets.

Inventory Management: Collaborate with inventory and logistics teams to maintain optimal stock levels, minimize inventory holding costs, and ensure availability of materials for production or service requirements.

Risk Assessment: Identify potential risks in the supply chain, such as supply disruptions, quality issues, or regulatory compliance concerns. Develop risk mitigation strategies and contingency plans to minimize the impact of such risks.

Data Analysis and ing: Utilize procurement and supply chain management software systems to analyze data and generate s on procurement performance, cost savings, supplier performance, and other key metrics. Use these insights to identify areas for improvement and drive operational efficiency.

Compliance: Ensure compliance with organizational policies, industry regulations, and ethical standards in all procurement activities. Stay updated on relevant legal and regulatory requirements and implement necessary changes to maintain compliance.

Team Collaboration: Collaborate with cross-functional teams, including finance, operations, and quality assurance, to align procurement activities with organizational goals and ensure effective communication and coordination.

Continuous Improvement: Stay abreast of industry trends, best practices, and technological advancements in procurement and supply chain management. Continuously identify and implement process improvements to enhance efficiency, reduce costs, and streamline operations

Job Type: Full-time

Salary: ₹20,000.00 – ₹30,000.00 per month

Schedule:

• Day shift

Ability to commute/relocate:

• Lucknow, Uttar Pradesh: Reliably commute or planning to relocate before starting work (Required)

Experience:

• total work: 3 years (Preferred)

Work Location: In person