Purchase Store Jobs In Ludhiana
Job Summary for Purchase Store Jobs In Ludhiana: The Purchase Store Manager/Assistant is responsible for overseeing the procurement and inventory management activities within the store. This role involves sourcing products, negotiating with suppliers, maintaining stock levels, and ensuring efficient operations to meet customer demands and sales goals. The Purchase Store Manager/Assistant plays a key role in optimizing inventory turnover, minimizing costs, and maintaining high standards of product quality and availability.
Key Responsibilities:
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Procurement and Sourcing:
- Identify suppliers and source products based on store requirements and customer demand.
- Negotiate pricing, terms, and contracts with suppliers to obtain the best possible deals and ensure profitability.
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Inventory Management:
- Maintain optimal inventory levels by monitoring stock levels, conducting regular stock checks, and placing orders as needed.
- Implement inventory control measures to minimize shrinkage, loss, and overstock situations.
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Supplier Relationship Management:
- Build and maintain strong relationships with suppliers to ensure timely delivery of goods and resolve any issues or discrepancies.
- Evaluate supplier performance based on quality, reliability, and cost-effectiveness.
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Quality Control:
- Inspect incoming shipments and products to ensure they meet quality standards and specifications.
- Handle product returns, replacements, and refunds in accordance with store policies.
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Sales Support:
- Collaborate with sales and marketing teams to forecast demand and plan promotions or sales events.
- Provide product information and support to sales staff to optimize customer service and satisfaction.
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Administrative Tasks:
- Maintain accurate records of purchases, transactions, and inventory levels using inventory management software or systems.
- Prepare and analyze reports on inventory levels, sales trends, and purchasing activities for management review.
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Compliance and Safety:
- Ensure compliance with store policies, procedures, and regulatory requirements related to purchasing and inventory management.
- Promote and maintain a safe and organized working environment in the store and storage areas.
Qualifications:
- Education: High school diploma or equivalent. Additional education or certification in supply chain management, logistics, or business administration is advantageous.
- Experience: Previous experience in procurement, inventory management, or retail operations is preferred.
- Skills:
- Strong negotiation and communication skills.
- Ability to analyze data and make informed decisions.
- Proficiency in using inventory management software or systems.
- Attention to detail and organizational skills to manage multiple tasks effectively.
Working Conditions:
- Typically works in a retail or wholesale store environment.
- May involve standing, walking, and lifting heavy objects or boxes as part of inventory management activities.
Salary:
- Salary range varies based on experience, qualifications, and the specific responsibilities of the role.
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