Purchase Executive (Mumbai)

Purchase Executive (Mumbai)

27 Aug
|
Happiest Resume
|
Mumbai

27 Aug

Happiest Resume

Mumbai

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 Page 2 of 3 needs  Use ERP system for demand planning and purchase order generation Vendor and Sub-contractor Management  Develop and maintain strong 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 & Qualifications  Supply Chain Management, Business Administration, or related field  6-8 years of purchase/procurement experience in a manufacturing environment  Strong experience in demand planning, forecasting, and inventory management  Proficiency in ERP systems (Tally ERP) and MS Excel  Robust negotiation and vendor management skills  Analytical mindset with attention to detail  Good communication and cross-functional coordination skills  Knowledge of procurement KPIs, lead times, and supply chain fundamentals  Experience with Bill of Materials (BOM)-based purchasing

📌 Purchase Executive (Mumbai)
🏢 Happiest Resume
📍 Mumbai

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