Senior Purchasing Executive

We are hiring!

Senior Purchasing Executive Opportunity

How to Apply:

Click Apply for Position

Responsibilities

• Supplier Management: Identifying, evaluating, and selecting suppliers based on criteria such as quality, reliability, pricing, and delivery timelines. Maintaining positive relationships with suppliers and negotiating contracts and terms of agreements to ensure favorable terms and conditions

• Purchase Order Processing: Creating and managing purchase orders to initiate the procurement process. Verifying purchase requisitions, obtaining

• necessary approvals, and ensuring timely and accurate issuance of purchase orders to suppliers

• Inventory Management: Monitoring inventory levels and ensuring that adequate stock is maintained to meet operational needs

• Collaborating with internal stakeholders to determine inventory requirements and optimizing inventory levels to minimize carrying costs

• Forecasting Demand: Evaluate the relevant consumption levels and place the orders with relevant approval process

• Price Negotiation: Negotiating with suppliers to secure competitive prices for goods and services. Conducting price analysis and cost comparisons to ensure cost-effectiveness and value for money

• Purchase Requisition Review: Reviewing purchase requisitions and assessing their accuracy, completeness, and compliance with organizational policies and procedures. Seeking clarifications from requesters when necessary and making adjustments as required.

• Supplier Performance Evaluation: Evaluating supplier performance based on predefined key performance indicators (KPIs) such as quality, delivery, and responsiveness. Addressing any supplier-related issues or concerns and implementing corrective actions when necessary

• Contract Management: Managing contracts with suppliers, including contract renewals, amendments, and terminations

• Ensuring that contract terms are adhered to and that the organization's interests are protected

• Risk Management: Identifying and mitigating procurement-related risks, such as supply chain disruptions, quality issues, or regulatory compliance concerns. Developing contingency plans and alternative sourcing strategies to minimize the impact of potential risks

• Documentation and Reporting: Maintaining accurate procurement records, including purchase orders, contracts, and supplier information Generating reports on procurement activities, cost savings, and supplier performance for management review

REQUIREMENTS

• Bachelor's degree in business administration, supply chain management, or a related field (preferred)

• Strong negotiation and communication skills
• Analytical mindset with the ability to interpret data and make informed decisions
• Excellent organizational and time management skills
• Attention to detail and ability to work under pressure
• Strong problem-solving and decision-making abilities
• 1-year previous experience in related field
• Excellent communication and interpersonal skills

ADDED ADVANTAGES

• Familiarity with contract management and legal aspects of procurement
• Knowledge on working with ERP system and office package
• Proven experience in procurement or purchasing related
• Sound knowledge of procurement principles, practices, and industry trends
• Knowledge of relevant regulations and compliance standards (e.g., ISO, legal, environmental)

Ready to take your career to new heights? We're InTalent Asia, your go-to recruitment partner in Sri Lanka, and we've got an exciting opportunity for you! Our client lookout for a dynamic individual to fill the role of Solutions Senior Purchasing Executive.

At InTalent Asia, we're not just recruiters; we're here to architect your career success. Join us in the journey of matching your skills with unparalleled opportunities. Apply now and see how you can be the perfect fit for this exclusive position!