Job Title Purchase Executive Location Madhapur Job Type Full-Time Job Summary The Purchase Executive will be responsible for sourcing negotiating and procuring materials supplies and services essential for the company s operations The role includes building and maintaining strong supplier relationships ensuring timely deliveries and optimizing procurement costs without compromising quality The candidate will collaborate with multiple departments to understand requirements and ensure a smooth and efficient procurement process Key Responsibilities 1 Procurement of Materials Source and procure required materials products and services for various departments Ensure timely and cost-effective procurement within defined budgets 2 Vendor Management Identify evaluate and build strong relationships with suppliers and vendors Negotiate pricing quality standards delivery timelines and payment terms Manage supplier contracts and maintain long-term partnerships 3 Inventory Management Monitor stock levels and place timely orders to maintain optimal inventory Prevent shortages and overstocking through effective inventory planning 4 Cost Control Implement cost-saving initiatives without affecting quality Analyze purchasing patterns regularly to identify opportunities for cost reduction 5 Purchase Orders Documentation Prepare and process accurate purchase orders as per specifications quantity and pricing Maintain clear and updated records of transactions purchase orders agreements and invoices 6 Coordination with Internal Departments Work closely with production finance and operations to understand material needs Ensure uninterrupted operations by coordinating timely material availability 7 Supplier Evaluation Audits Conduct regular evaluations of supplier performance based on delivery quality and service Perform periodic supplier audits to ensure compliance with standards and policies 8 Market Research Stay informed about market trends new materials and price fluctuations Identify potential suppliers and conduct market research for informed decision-making Key Skills Competencies Strong negotiation and communication skills Excellent organizational and time-management abilities Analytical mindset with attention to detail Knowledge of supply chain and inventory management Proficiency in MS Office and ERP procurement software Ability to work collaboratively with cross-functional teams Strong problem-solving abilities and capability to work under pressure Qualifications Experience Bachelor s degree in Engineering or a related field 2-5 years of experience as a Purchase Executive or in a similar role Experience in supplier relationship management and contract negotiation Familiarity with market research data analysis and procurement best practices Personal Attributes Self-Motivation Positive Attitude Proactive self-driven and maintains a positive outlook Mental Resilience Pressure Handling Able to manage stress effectively and remain focused on results Organizational Time Management Efficient in handling multiple tasks with strong planning skills Communication Interpersonal Skills Explicit communicator with the ability to maintain strong internal and external relationships Team Collaboration Independence Works well independently and in cross-functional teams High Energy Displays enthusiasm and a proactive approach in daily tasks Persistence Stays determined and goal-focused despite challenges Willingness to Learn Open to acquiring new skills embracing feedback and improving continuously Hospitable Friendly and approachable ensuring positive interactions with colleagues clients and partners Honest Upholds integrity transparency and trustworthiness at all times Commuting Capability Must own a bike and be able to commute to various sites as required Job Types Full-time Permanent Pay 15 000 00 - 31 997 09 per month Work Location In person