Purchasing Executive

Responsibilities:

• Implementing purchasing strategies
• Managing supplier’s relations and negotiating contracts, prices, timelines, etc.
• Maintaining the supplier’s database, purchase records and related documentation.
• Coordinating with sales team to determine and manage inventory needs and place order where needed.
• Research potential suppliers.
• Compare and evaluate offers from different suppliers.
• Track orders and ensure timely delivery
• Review quality of purchased products.
• Ensure to enter order details (e.g. suppliers, quantities, prices) into internal database.
• Maintain and review records of purchased products, delivery information and invoices.
• Prepare weekly reports and monthly reports on purchases, including cost analysis and send to the management.
• Monitor stock level and liaise with sales team and place order as needed.
• Coordinate with warehouse staff to ensure proper storage.
• Analyze price proposals, financial reports and other information to determine reasonable prices.
• Evaluate and monitor contracts to be sure that suppliers and supplies comply with the terms and conditions of the contract and to determine the need for changes.
• Manage supplier’s credit limit and days to ensure they are fully utilized for the benefit of the company.
• Investigate purchase prices and offer from suppliers to other retail companies.
• Manage and ensure purchase target are met and incentives recorded against each suppliers account.
• Any other roles as may be assigned by the management from time to time.

Requirements:

• Minimum academic qualification of a Bachelor's degree in any discipline
• 3 years of working experience