PURCHASING EXECUTIVE

Job Title: Purchasing Executive Location: Johor Job Description: The Purchasing Manager is responsible for overseeing all purchasing activities, ensuring the availability of high-quality stock to meet market demands while optimizing costs and maintaining strategic supplier relationships. This role plays a crucial part in aligning inventory with customer needs and supporting the company’s business objectives through effective procurement and market analysis. Key Responsibilities: 1. Purchasing Management - Plan and execute purchasing activities to ensure necessary stock is available, meets quality standards, and is within budget. - Negotiate with suppliers to secure the best possible prices and terms, ensuring cost-efficiency in procurement. 2. Market Demand Assessment - Conduct research and market trend analysis to identify products with high potential demand. - Stay informed on changes in customer needs to strategically adjust purchasing plans. 3. Supplier Relationship Development - Collaborate with existing suppliers and source new suppliers who can offer high-quality products at competitive prices. - Foster positive relationships with suppliers to ensure reliable supply and potential cost savings. 4. Inventory Management - Monitor and manage inventory levels to prevent stock shortages or excesses that could impact storage costs. - Develop strategies to maintain a balanced supply and demand flow, ensuring optimal stock levels. This role requires a proactive approach in identifying opportunities for procurement that align with market trends and organizational goals, ensuring the efficient operation of the company’s supply chain and inventory systems.