Purchase Executive Retail

A Purchase Executive in retail is responsible for sourcing, purchasing, and managing inventory for a retail organization. Their key responsibilities include identifying and selecting suppliers, negotiating contracts, managing stock levels, and ensuring timely delivery of goods, all while adhering to budgetary constraints and company policies. 

Responsibilities:

• Supplier Management: Identify, evaluate, and select reliable suppliers, negotiate favorable terms, and build strong supplier relationships.
• Procurement: Place orders, manage purchase orders, and ensure timely delivery of goods.
• Inventory Management: Monitor stock levels, manage inventory, and prevent stockouts.
• Cost Analysis: Analyze purchasing costs, identify cost-saving opportunities, and manage budgets.
• Market Research: Research market trends, pricing, and product availability to make informed purchasing decisions.
• Record Keeping: Maintain accurate records of purchases, pricing, and supplier information.
• Compliance: Ensure compliance with company policies, legal requirements, and ethical standards.
• Negotiation: Negotiate contract terms and pricing with suppliers.
• Collaboration: Collaborate with internal departments to understand their procurement needs.
• Order Tracking: Track orders and ensure timely delivery.
• Data Entry: Enter order details into internal databases.
• Reporting: Prepare reports on purchases and cost analyses. 

If you have desired qualifications and skills, then apply for this job.
Regards,
Team HR