Role Overview

The Senior Purchase Executive is responsible for managing procurement activities, vendor coordination, and ensuring timely availability of materials and services at competitive prices. The role involves handling end-to-end purchase processes, maintaining supplier relationships, monitoring inventory requirements, and supporting cost optimization initiatives while ensuring compliance with company policies and procedures.

Key Responsibilities

Vendor Management

- Identify, evaluate, and develop reliable vendor partnerships
- Negotiate pricing, payment terms, and delivery schedules with suppliers
- Monitor vendor performance related to quality, delivery timelines, and service standards
- Resolve vendor-related issues, discrepancies, and escalations effectively

Procurement & Sourcing

- Manage procurement of materials, equipment, and services as per operational requirements
- Obtain and compare quotations to ensure cost-effective purchasing decisions
- Coordinate with internal departments for purchase planning and requirement forecasting
- Support cost reduction and process improvement initiatives

Purchase Order Management

- Prepare, review, and process purchase orders accurately and within timelines
- Track order status and ensure timely delivery of materials/services
- Coordinate with stores,



accounts, and operations teams for smooth processing and closure of orders

Inventory & Material Planning

- Monitor inventory levels to prevent stock shortages or excess inventory
- Coordinate with stores and planning teams for replenishment requirements
- Ensure availability of critical materials for uninterrupted operations

Documentation & Reporting

- Maintain accurate procurement records, contracts, invoices, and vendor documentation
- Generate MIS reports related to procurement activities, costs, and supplier performance
- Ensure documentation readiness for audits and compliance checks

Compliance & Process Adherence

- Ensure procurement activities comply with company policies and statutory requirements
- Follow internal approval processes and maintain transparency in procurement practices

Required Skills & Competencies

- Strong negotiation and vendor management skills
- Valuable understanding of procurement and supply chain processes
- Analytical mindset with focus on cost optimization
- Strong coordination and communication abilities
- Ability to handle multiple vendors and procurement activities simultaneously
- Attention to detail and documentation accuracy

📌 Purchase Executive (Mumbai)
🏢 Talent Corner HR Services
📍 Mumbai