Specific Attributes

As a Purchase Executive you will be responsible for sourcing equipment, goods and services and managing vendors. The successful candidate will be able to perform strategic procurement activities across multiple categories of spend, search for better deals and find more profitable suppliers.

Product: Consumer Electronics

Salary: Negotiable as per skills and qualifications

Key Specifications:

• Familiarity with sourcing and vendor management
• Interest in market dynamics along with business sense
• A knack for negotiation and networking
• Working experience of vendor management software
• Ability to gather and analyse data and to work with figures
• Solid judgement along with decision making skills
• Strong leadership capabilities

Responsibilities

• Develop, lead and execute purchasing strategies
• Track and report key functional metrics to reduce expenses and improve effectiveness
• Craft negotiation strategies and close deals with optimal terms
• Partner with stakeholders to ensure clear requirements documentation
• Forecast price and market trends to identify changes of balance in buyer-supplier power
• Perform cost and scenario analysis, and benchmarking
• Assess, manage and mitigate risks
• Seek and partner with reliable vendors and suppliers
• Determine quantity and timing of deliveries
• Monitor and forecast upcoming levels of demand

Experience

Proven working experience of 4+ years as purchasing manager or officer

Education

Bachelors/ Masters degree in Supply Chain / Business Administration