Job Title: Senior Purchase Executive

Experience: 46 Years

Department: Procurement

Location: Mira Road

Reporting To: Purchase Manager / Procurement Head

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

• Good understanding of procurement and supply chain processes

• Analytical mindset with focus on cost optimization

• Robust coordination and communication abilities

• Ability to handle multiple vendors and procurement activities simultaneously

• Attention to detail and documentation accuracy

Qualifications

• Bachelors degree in Business Administration, Commerce, Supply Chain, Logistics, or

related field

Technical Skills

• Proficiency in ERP systems such as SAP or similar platforms

• Strong working knowledge of MS Excel and MS Office tools

Preferred Experience

• 46 years of experience in procurement/purchase functions

• Experience in handling vendor negotiations and procurement coordination

independently

• Exposure to manufacturing, engineering, trading, or related industries preferred

Key Performance Indicators (KPIs)

• Timely procurement and delivery performance

• Cost savings and pricing efficiency

• Vendor performance and issue resolution

• Accuracy of purchase documentation and reporting

• Inventory management effectiveness and reduction in stock shortages

📌 Senior Purchase Executive (Thane)
🏢 Randstad
📍 Thane