Purchase Executive

1 - 2 years

2.25 - 3.0 Lacs P.A.

Chennai

Posted:2 months ago| Platform: Naukri logo

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Skills Required

Vendor Relationship ManagementInventory ControlPurchase PlanningMaterial ProcurementPurchase Vendor DevelopmentPurchase ManagementCost ReductionWarehouse ManagementPrice Negotiation

Work Mode

Work from Office

Job Type

Full Time

Job Description

1. Procurement & Vendor Management Supplier identification, evaluation, and selection Vendor relationship management Negotiation skills for pricing and contract terms Supplier performance monitoring 2. Supply Chain & Inventory Management Understanding of medical raw materials and components Inventory control and stock level management Demand forecasting and procurement planning Knowledge of Just-in-Time (JIT) purchasing 3. Compliance & Regulatory Knowledge Understanding of medical manufacturing standards (ISO 13485, GMP, FDA regulations) Knowledge of import/export regulations for medical products Adherence to quality control and audit requirements 4. Cost Control & Budgeting Cost analysis and reduction strategies Budget planning for procurement Total cost of ownership (TCO) assessment 5. Technical & Product Knowledge Familiarity with medical devices, pharmaceuticals, or consumables Understanding of technical specifications and quality parameters Awareness of alternative raw materials and substitutes

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