We are looking for a Purchase Executive to manage the company’s procurement activities and ensure timely availability of materials, products, equipment, and services at the right quality and cost. The candidate will coordinate with vendors, internal departments, accounts, and management to ensure smooth and cost-effective purchasing operations.
Key Responsibilities
- Handle day-to-day purchasing and procurement activities.
- Identify, evaluate, and coordinate with new and existing vendors.
- Collect and compare quotations from multiple suppliers.
- Negotiate prices, payment terms, delivery schedules, and other commercial terms.
- Create and process Purchase Orders (POs) as per approved requirements.
- Ensure timely procurement and delivery of required materials.
- Maintain proper records of quotations, POs, invoices, and vendor documents.
- Coordinate with the Accounts team for invoice verification and payment processing.
- Coordinate with stores/operations to verify quantity and quality of received materials.
- Monitor pending orders and follow up with vendors for timely delivery.
- Maintain an updated vendor database and evaluate vendor performance.
- Ensure purchases are made within approved budgets and company policies.
- Identify opportunities for cost reduction without compromising quality.
- Handle discrepancies related to quantity, quality, pricing, or delivery.
- Maintain procurement reports and provide regular updates to management.
- Ensure proper documentation and approval of all purchases.
Required Skills
- Good negotiation and vendor management skills.
- Strong communication and coordination abilities.
- Valuable knowledge of MS Excel/Google Sheets.
- Ability to compare quotations and analyze pricing.