Job Title: Purchase Executive
Department: Purchase
Job Summary:
The Purchase Executive is responsible for sourcing, negotiating, and purchasing goods and services required by the organization. The role ensures timely procurement of quality materials at competitive prices, effective vendor management, proper documentation of bills, and compliance with company policies.
Key Responsibilities:
- Identify, evaluate, and onboard recent suppliers/vendors
- Develop and maintain strong vendor relationships (Vendor Management)
- Request quotations (RFQ) and compare prices for cost efficiency
- Conduct cost negotiations to achieve best pricing and payment terms
- Prepare and process purchase orders (PO)
- Track orders and ensure timely delivery of materials
- Coordinate with internal departments for material requirements
- Monitor inventory levels and prevent stock shortages
- Verify received materials against purchase orders and invoices
- Maintain proper documentation and filing of purchase bills and records
- Coordinate with accounts department for invoice processing and payment follow-ups
- Resolve vendor-related issues such as delays, shortages, or quality concerns
- Ensure compliance with procurement policies and company procedures
Required Skills & Competencies:
- Strong negotiation and cost analysis skills
- Vendor management and relationship-building ability
- Good understanding of billing and documentation processes
- Knowledge of procurement procedures and supply chain processes
- Proficiency in MS Excel and ERP systems
- Strong communication and coordination skills
- Attention to detail and organizational skills
Qualifications:
- Bachelors degree in Business Administration, Commerce, Supply Chain, or related field
- 3-4 years of experience in procurement/purchase role
📌 Purchase Executive (New Delhi)
🏢 Seven Seas Hospitality
📍 New Delhi
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