Purchase Executive/ Senior Purchase Executive

Experience Required: 1+ years
Location: Noida

Key Responsibilities:

• Procurement and Sourcing: Identify and source raw materials, packaging
materials, and finished products from suppliers, ensuring the best prices and
quality standards are met.

• Supplier Relationship Management: Establish and maintain relationships with
new and existing suppliers. Negotiate terms, pricing, and delivery schedules,
ensuring timely and cost-effective procurement.

• Inventory Management: Monitor stock levels and raise purchase orders in a
timely manner to ensure no disruption in production. Maintain optimal inventory
levels to meet production demands.

• Purchase Order Management: Prepare and process purchase orders, ensuring
that the right quantities and quality are ordered. Follow up on orders to ensure
timely deliveries.

• Quality Assurance: Ensure that purchased materials comply with company
standards and regulatory requirements. Conduct supplier audits and quality
checks when required.

• Market Research: Stay up-to-date with market trends, new suppliers, and
industry standards to ensure the procurement of the latest and most cost
effective materials.

• Documentation and Reporting: Maintain accurate records of purchase orders,
deliveries, supplier agreements, and inventory levels. Prepare and present
reports on procurement activities to the management team.

• Cost Control and Budgeting: Assist in cost reduction initiatives without
compromising on quality and reliability. Ensure purchases are made within the
allocated budget.

Qualifications:

• Bachelor’s degree in Business Administration, Supply Chain Management, or a
related field.

• 1-3 years of experience in a purchasing or procurement role, preferably in the
cosmeceuticals, pharmaceuticals, or FMCG industry.

• Strong negotiation, communication, and interpersonal skills.

• In-depth knowledge of supplier sourcing, procurement practices, and inventory
management.

• Familiarity with ERP software or procurement management tools.

• Ability to work independently as well as part of a team.

• Excellent problem-solving skills and attention to detail.

• Knowledge of the regulatory requirements related to the cosmeceuticals
industry is a plus.