Senior Purchase Executive

Talentmate

The Senior Purchase Executive plays a crucial role within the procurement department, responsible for developing and managing purchasing strategies and overseeing the operational procurement functions. This position requires a deep understanding of market trends, vendor negotiations, and the ability to create and follow purchasing policies that maximize cost-efficiency. As a Senior Purchase Executive, you will guide and support the purchasing team to ensure that procurement activities align with the organization s objectives and timelines. Your expertise in supply chain management will be critical to ensure that the organization acquires necessary goods and services at competitive rates without compromising quality. Additionally, staying compliant with procurement regulations and contributing to process improvements will be key responsibilities in this role.

Responsibilities

• Develop and implement effective purchasing strategies to meet organizational needs.
• Conduct thorough market research to identify potential vendors and suppliers.
• Negotiate contracts with suppliers to secure favorable terms and conditions.
• Support the purchasing team in daily procurement activities and provide guidance.
• Ensure that purchasing processes comply with organizational policies and government regulations.
• Collaborate with inventory control departments to manage stock levels effectively.
• Assess supplier performance and resolve any issues related to product quality.
• Prepare and manage budgets for the purchasing department, ensuring cost optimization.
• Develop strong partnerships with vendors and suppliers to ensure reliable supply chains.
• Implement cost-saving initiatives and process improvements within the procurement process.
• Review and analyze purchasing data to assist in strategic decision-making.
• Train and mentor junior purchasing staff to enhance team performance and development.

Requirements

• Bachelor s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 5 years experience in procurement with at least 2 years in a supervisory role.
• Proven negotiation skills and experience in contract management and supplier relations.
• Strong analytical skills with the ability to interpret purchasing and cost data effectively.
• Excellent communication skills to liaise with vendors and internal stakeholders.
• Proficiency in procurement software and Microsoft Office Suite is essential.
• Strong understanding of supply chain management and procurement best practices.
• Demonstrated ability to lead a team and manage multiple priorities effectively.