About the role
- 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
- 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