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Assistant Purchase Executive

2.00 to 5.00 Years   Mumbai City   22 Sep, 2023
Job LocationMumbai City
EducationNot Mentioned
SalaryRs 3.0 - 3.5 Lakh/Yr
IndustryManufacturing
Functional AreaPurchase
EmploymentTypeFull-time

Job Description

    Job descriptionDAMODAR, a leading value-added yarn manufacturer and trader, is hiring a Assitant purchase Executive for their Worli Head Office. Vendor Expansion:Identify and onboard new vendors to diversify our supplier base. Collect and present vendor profiles to the management for evaluation.Market Analysis:Monitor market prices and trends to stay informed about industry developments.Price Negotiations:Engage with vendors to obtain price quotes and compile comparison data for management to facilitate informed purchasing decisions.Purchase Orders:Once selections are confirmed, generate purchase orders (POs) and transmit them to suppliers and manufacturing units. Follow up to ensure timely delivery in line with commitments.Quality Assurance:Oversee the quality approval process upon receipt of goods and ensure payments are made within agreed-upon terms with suppliers.Record Maintenance:Maintain comprehensive records of past purchase prices and terms. Establish a link between raw material price movements and historical data.Purchase Analysis:Conduct regular purchase comparisons to identify cost-saving opportunities.Supplier Issue Resolution:Address and resolve any issues related to supplied goods promptly, coordinating with suppliers to ensure a timely resolution.Market Trends:Stay updated on trends in raw material pricing and movements.Ad-Hoc Tasks:Undertake additional responsibilities as assigned by management.Requirements:
    • A basic understanding of textiles, while prior knowledge is helpful, a willingness to learn on the job is acceptable.
    • Fundamental knowledge of supply chain operations.
    • Proficiency in Microsoft Excel.

Keyskills :
purchase transactionspurchase managementsupply chain

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