Job Summary The Purchase Executive is responsible for sourcing materials, obtaining quotations, negotiating with vendors, issuing purchase orders, ensuring timely procurement of quality materials, and maintaining inventory coordination to support uninterrupted production and operations.
Key Responsibilities
- Identify and develop new vendors.
- Obtain and compare quotations from multiple suppliers.
- Negotiate prices, payment terms, and delivery schedules.
- Prepare and issue Purchase Orders (POs).
- Follow up with vendors for timely material delivery.
- Coordinate with Production, Stores, QA/QC, and Accounts departments.
- Ensure purchased materials meet quality and technical specifications.
- Monitor inventory levels and initiate procurement as per requirement.
- Maintain purchase records, vendor database, and documentation.
- Evaluate vendor performance periodically.
- Resolve supply, quality, and invoice-related issues.
- Ensure compliance with company procurement policies and procedures.
- Prepare purchase reports and MIS as required.
Qualification
- Bachelor's Degree (B.Com/BE Mech.)
- Diploma or Degree in Supply Chain/Materials Management (Preferred)
Experience
- 2–5 years of experience in Purchase/Procurement.
- Experience in Manufacturing/Engineering Industry preferred.
Required Skills
- Vendor Management
- Price Negotiation
- Purchase Planning
- ERP/SAP Knowledge
- MS Excel & MS Office
- Inventory Management
- Communication & Coordination
- Analytical & Problem-Solving Skills
- Documentation & Reporting
- Time Management