Job Title Purchase Executive Job Summary The Purchase Executive is responsible for managing the procurement of goods and services required by the organization This role involves sourcing suppliers negotiating terms placing purchase orders coordinating with internal teams and ensuring timely delivery all while optimizing cost and maintaining quality Key Responsibilities Supplier Management Sourcing Identify evaluate and onboard current suppliers vendors Spectra Empowering Smarter Workplaces 2iScalePro 2 Negotiate pricing payment terms delivery schedules and contracts iScalePro 1 Maintain and nurture long-term relationships with suppliers to secure favorable conditions iScalePro Monitor supplier performance quality delivery reliability and take corrective actions when required iScalePro Purchase Order Procurement Process Receive and review purchase requisitions from different departments EMH Crane Components 1 Create and issue accurate Purchase Orders PO as per requirements optiBPO 1 Track POs follow up with suppliers for delivery timelines and expedite orders if needed optiBPO 1 Coordinate with internal stakeholders finance accounts stores operations to ensure smooth procurement flow EMH Crane Components Handle documentation maintain purchase records invoices delivery notes and vendor contracts iScalePro 1 Inventory Material Management Monitor stock levels and trigger purchase when minimum thresholds are reached iScalePro Coordinate with stores warehouse teams to ensure receipt inspection and acceptance of goods optiBPO Work with internal teams production operations to forecast material requirements and plan procurement accordingly iScalePro Cost Control Budgeting Analyze market trends supplier pricing and costs to obtain the best value Indus Group 1 Implement cost-saving strategies bulk purchase alternate vendors negotiation etc iScalePro Prepare and maintain procurement budgets forecasts and spend reports VelvetJobs Quality Assurance Ensure that procured goods meet company quality standards iScalePro Work with quality control QC or inspection teams to inspect goods on arrival iScalePro Manage returns replacements or rework in case of defective materials EMH Crane Components Compliance Process Improvement Ensure procurement activities comply with company policy relevant laws and ethical standards Indus Group 1 Participate in continuous improvement initiatives to streamline the purchasing process optiBPO 1 Maintain and update supplier databases performance metrics KPIs and benchmarking reports VelvetJobs Skills Qualifications Bachelor s degree in Business Administration engineering Supply Chain Management Commerce or related field Indus Group 1 Prior experience 1-3 years or more in procurement purchasing or supply chain Spectra Empowering Smarter Workplaces 1 Strong negotiation skills and the ability to evaluate vendor proposals effectively iScalePro Excellent communication and interpersonal skills Adzuna Proficiency in MS Office especially Excel experience with ERP procurement systems is highly desirable EMH Crane Components 1 Analytical mindset attention to detail and strong organizational skills iScalePro Ability to work independently and make decisions under pressure VelvetJobs Working Conditions Full time position Interaction with suppliers locally and potentially pan-India and cross-functional internal teams May involve travel for vendor visits procurement meetings depending on company needs Expected to meet procurement targets cost-savings goals and delivery timelines Performance Metrics KPIs Examples On-time delivery rate of Purchase Orders Cost savings achieved against benchmarks Supplier defect rejection rate Inventory turnover or stock-out frequency Procurement cycle time from requisition to PO to delivery Job Types Full-time Permanent Pay 10 418 81 - 20 000 00 per month Benefits Flexible schedule Health insurance Leave encashment Paid sick time Paid time off Provident Fund Work Location In person