<ul><li>Identify and evaluate potential suppliers, negotiate contracts, and establish strong relationships.</li><li>Maintain an updated list of preferred suppliers, including their product offerings, prices, and terms of service.</li><li>Monitor supplier performance and address any issues regarding quality, delivery, or service.</li><li>Process purchase requisitions and create purchase orders according to organizational policies.</li><li>Ensure that all procurement activities are completed in compliance with relevant regulations and company guidelines.</li><li>Coordinate with the finance department for timely processing of payments to suppliers.</li><li>Conduct market research to identify new suppliers and evaluate competitive pricing options.</li><li>Negotiate prices, terms, and conditions to achieve the best value for the company.</li><li>Identify opportunities for cost savings and value addition in the procurement process.</li></ul>

Purchase Executive