Purchase Officer

We are seeking a detail-oriented and skilled Purchase Officer to oversee procurement and sourcing activities within our organization. This role requires managing supplier development, evaluating quotations, negotiating prices, and coordinating with various internal departments to ensure the timely availability of raw materials essential for production. The ideal candidate will play a critical role in maintaining cost efficiency and supply chain reliability.

Key Responsibilities

- Identify, evaluate, and develop reliable suppliers for strategic raw materials to ensure quality and consistency.
- Obtain and assess quotations based on price, quality, specifications, payment terms, and delivery lead times.
- Prepare detailed cost comparisons and analyze price variations to support informed decision-making.
- Negotiate competitive prices and commercial terms with suppliers to achieve cost savings.
- Coordinate closely with Production, Planning, Store, and Finance departments to align procurement activities with operational needs.
- Ensure procurement processes support production plans and inventory requirements effectively.
- Escalate any potential supply shortages, price increases, or supply risks promptly to relevant stakeholders.
- Prepare comprehensive reports on sourcing, costing, savings, and supplier performance.
- Ensure all procurement activities comply with company policies and approval procedures.
- Maintain complete and transparent procurement documentation for audit and review purposes.

Required Qualifications

- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
- 2 to 4 years of relevant experience in Purchasing, Strategic Sourcing, or Procurement.
- Strong negotiation skills combined with a solid understanding of costing principles.
- Good knowledge of raw material markets and supplier management practices.
- Proficiency in Microsoft Excel and ERP systems to manage procurement data efficiently.
- Excellent communication, negotiation, and coordination skills to work effectively across departments.

Preferred Qualifications and Benefits

- Competitive monthly salary up to Rs 55,000.
- Work location requires in-person attendance, fostering direct collaboration with internal teams.

This position offers an excellent opportunity for professionals looking to advance their career in procurement within a dynamic environment. The role demands a proactive approach to supplier management and cost control, ensuring the smooth flow of materials necessary for production success.