The Purchase Executive manages and optimizes all organizational purchase activities. This includes processing purchase requests, building strong vendor relationships, and ensuring the cost-efficient supply of materials. Additionally, the role requires conducting purchase forecasting and analysis to strategically guide purchasing decisions and implementing strong inventory control measures to maintain optimal stock levels. The goal is to support the organisation's operational efficiency and cost-effectiveness through strategic purchase practices.
Builds vendor relationships to secure the best prices on products for the company and negotiate prices when necessary.
Gathers and prepares documents like quotes, proposals, and purchase terms and conditions from suppliers.
Conducts purchase forecasting to anticipate material needs and ensure timely procurement actions.
Performs thorough purchase analysis to evaluate vendor performance, cost-effectiveness, and market trends to inform strategic purchasing decisions.
Implements and oversees inventory control measures to maintain optimal stock levels and minimize excess or obsolete inventory, ensuring a balance between availability and cost-efficiency.
Analyses material availability, creates and manages purchase orders including tracking, checking of content to ensure cost-efficient and on-time supply of materials according to demand.
Manages and monitors shipments and customs clearance with the freight forwarders and ensures shipments are received on time.
Maintains and updates supplier master data archives documents according to local regulations to keep the database accurate and up to date.
Communicating with vendors & arranging the required docs for registration along with the invoice submission and payments.
Following up with vendors for the delivery on time, communicating all incoming shipments with the logistics team.
