Purchase Executive

Job Overview

We are seeking a Purchase Executive to oversee and coordinate purchasing activities in our store department based in Mumbai, Maharashtra. The role involves managing supplier relationships, ensuring product quality and safety, and optimizing inventory and procurement processes.

Key Responsibilities

• Supervise daily operations of the store department ensuring smooth workflow.
• Guarantee that all products meet the required quality and safety standards.
• Develop and implement effective purchasing strategies to meet organizational goals.
• Manage communication with suppliers, negotiate contracts, prices, and delivery schedules.
• Maintain and update supplier databases, purchase records, and related documentation meticulously.
• Coordinate with the inventory control team to monitor and manage stock levels.
• Continuously improve purchasing systems and processes for greater efficiency.
• Track and follow up on pending purchase requests (PR).
• Send Requests for Quotation (RFQ) promptly and generate purchase orders (PO) timely; confirm supplier acknowledgement and estimated dispatch dates.
• Collaborate with all departments to plan and fulfill material requirements.
• Source new suppliers for raw and packaging materials to reduce costs including material and transport charges.
• Monitor supplier payments regularly and coordinate with the accounts team to ensure prompt payments; resolve any payment-related queries with suppliers.
• Monitor and manage rejected materials, ensuring timely return to vendors.
• Follow up consistently with vendors to ensure on-time delivery of materials.
• Prepare consumption reports for the restaurant.
• Conduct stocktaking twice a month to verify inventory levels.
• Submit invoices and coordinate with the store department upon receipt of goods.

Eligibility

Open to candidates who meet the job responsibilities and can operate effectively within a fast-paced operational environment.

Compensation

Monthly salary ranges between 20000 to 30000 INR.