Purchasing Executive
Job Summary
The Purchasing Executive is responsible for managing stock levels, identifying procurement needs, and maintaining vendor relationships. This role involves tracking orders, negotiating prices, and conducting market research to ensure cost-effective purchasing. You will coordinate with warehouse staff and internal stakeholders to ensure timely delivery and accurate record-keeping.
Responsibilities
- Monitor stock levels and purchasing needs
- Track orders and ensure timely delivery
- Negotiate prices and conduct market research
- Maintain invoices, contracts, and inventory records
Required Skills
- Bachelor's degree in relevant field
- 1–3 years of procurement experience
- Strong analytical and negotiation skills
- Proficiency in Microsoft Excel and ERP systems
Job Details
Responsibilities:
- Monitor stock levels and identify purchasing needs
- Research potential vendors
- Track orders and ensure timely delivery
- Update internal databases with order details (dates, vendors, quantities, discounts)
- Conduct market research to identify pricing trends
- Evaluate offers from vendors and negotiate better prices
- Prepare cost analyses
- Maintain updated records of invoices and contracts
- Follow up with suppliers, as needed, to confirm or change orders
- Liaise with warehouse staff to ensure all products arrive in good condition
Requirements:
- Bachelor's degree in Supply Chain Management, Business Administration, Logistics, or a related field
- 1–3 years of experience in procurement or supply chain operations
- Strong analytical and negotiation skills with the ability to conduct market research, evaluate vendor performance, and optimize purchasing costs
- Proficient in Microsoft Excel and ERP/procurement systems
- Excellent attention to detail in maintaining purchase orders, invoices, contracts, and inventory records
- Excellent communication and organizational skills, with the ability to coordinate effectively with suppliers, warehouse teams, and internal stakeholders to ensure timely and accurate order fulfillment.