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Purchase Assistant

JEM IT SOLUTION PRIVATE LIMITED
Posted on
JEM IT SOLUTION PRIVATE LIMITED logo

Experience
2 - 5 yrs
Job Location
Coimbatore, India
Vacancy
1
Designation
Purchase Assistant
Job Type
Not specified

Job Description

JEM IT SOLUTION PRIVATE LIMITED is looking for Purchase Assistant to join our dynamic team and embark on a rewarding career journey
  • Sourcing and Supplier Management:Identify potential suppliers and conduct market research to assess their capabilities and offerings
  • Build and maintain a database of reliable suppliers and vendors
  • Evaluate supplier performance based on quality, delivery, and pricing, and take appropriate actions to improve or replace underperforming vendors
  • Purchase Order Processing:Collaborate with various departments to understand their procurement needs and create purchase requisitions accordingly
  • Issue purchase orders to approved suppliers, ensuring accuracy and completeness of information
  • Monitor and track the status of orders to ensure timely delivery
  • Negotiation and Contract Management:Negotiate favorable terms and conditions with suppliers to secure the best deals and cost savings for the organization
  • Prepare and review procurement contracts, ensuring compliance with legal and company policies
  • Budget and Cost Control:Work closely with the finance department to establish and manage budgets for procurement activities
  • Implement cost control measures to optimize spending without compromising quality
  • Inventory Management:Collaborate with inventory teams to maintain optimal stock levels and avoid stockouts or overstock situations
  • Conduct periodic stock assessments and coordinate with relevant stakeholders for replenishment
  • Quality Assurance and Compliance:Ensure that purchased products and services meet the organization's quality standards
  • Monitor and enforce compliance with procurement policies, ethical practices, and relevant regulations
  • Vendor Relationships:Foster positive and productive relationships with suppliers and vendors
  • Address and resolve any issues or disputes that may arise during the procurement process
  • Reporting and Analysis:Prepare regular reports on procurement activities, vendor performance, and cost savings
  • Analyze data to identify areas for improvement and make data-driven decisions

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