Purchase Executive Job

Key responsibilities:

1. Provide a rate of RM & PM to finance for costing; create vendor codes for new vendors
2. Work on negotiation with the vendors with rate, lead time, and payment terms
3. Ensure alternate vendor development for e-commerce-single source materials
4. Provide new RM & PM rate to plant for commercialization
5. Source raw material & packing material for personal care & professional care items
6. Coordinate with the marketing team for the new product development to get the best price from the stakeholders
7. Identify the requirements of the product and get tentative prices with the stakeholders in the market to examine the availability and the cost to calculate margins
8. Meet with cross-functional teams to create and implement the strategies to develop the product with a cost-effective and quality product
9. Negotiate the price of the product with the stakeholders for the final specification and the artwork for commercial supply and opt for the best vendor
10. Share HSN of new RM & PM for material code creation and CK- spec development

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