Job Summary

We are looking for a detail-oriented Purchase Executive with strong material planning and demand
forecasting skills to manage end-to-end procurement activities for our manufacturing operations. The ideal candidate will ensure timely availability of raw materials, components, and consumables while optimizing cost, quality, and inventory levels.

Procurement & Sourcing
Identify, evaluate, and onboard reliable vendors/suppliers for raw materials, components, and maintenance items
Negotiate pricing, payment terms, and contracts to achieve cost savings without compromising quality
Issue purchase orders and track order status through to delivery
Ensure compliance with company purchasing policies and procedures

Planning & Forecasting
Analyze production schedules, sales forecasts, and historical consumption data to determine material requirements
Prepare monthly/quarterly purchase plans aligned with production and demand forecasts
Monitor inventory levels to prevent stockouts or excess inventory
Coordinate with production, Store,



and planning teams to align procurement with business needs
Use ERP system for demand planning and purchase order generation

Vendor and Sub-contractor Management
Develop and maintain solid vendor / sub-contractor relationships
Conduct periodic vendor / sub-contractor performance evaluations (quality, delivery, pricing)
Resolve quality or delivery issues with suppliers / sub-contractors promptly

Inventory & Cost Control
Monitor stock levels and reorder points to maintain optimal inventory
Track price trends and market conditions to make informed purchasing decisions
Support cost-reduction initiatives and value engineering projects

Documentation & Reporting
Maintain accurate purchase records, contracts, and vendor databases
Prepare MIS reports on purchase spend, savings, and vendor performance
Coordinate with stores for timely GRN (Goods Receipt Note) processing and invoice reconciliation with the accounts team

Required Skills & Qu

📌 Senior Executive-Purchase (Mumbai)
🏢 Teknic Electric
📍 Mumbai