A Purchase Executive manages the day-to-day acquisition of goods, materials, and services to ensure a company gets the right quality, at the right price, and on time.

Core Responsibilities

- Purchase Planning &
- Sourcing:

Assess material or stock requirements from internal departments and identify potential suppliers through market research.

- RFQ &

- Quotation Management:

Send Requests for Quotations (RFQs), collect bids, and build comparative statements evaluating price, quality, and lead times.

- Price &

- Contract Negotiation:

Negotiate best pricing, credit terms, and delivery schedules with vendors.

- Purchase Order (PO) Processing: Create and release official POs with exact specifications via enterprise systems like VelvetJobs (SAP, Oracle, or MRP tools).

- Material Tracking &

- Follow-up:

Track shipments, follow up with vendors on production/dispatch status, and prevent project or factory delays.

- Quality &

- Inventory Coordination:





Coordinate with the warehouse or production teams to monitor stock levels, prevent shortages or overstock, and resolve damaged goods or rejections.

- Invoice &

- Payment Matching:

Match purchase orders, Goods Received Notes (GRN), and vendor invoices, then coordinate with the accounts department for timely payments.

- Vendor Performance Management: Track delivery reliability, conduct periodic vendor ratings, and maintain long-term relationships.

- Documentation &

- Compliance:

Maintain audit-ready records, purchase reports, and compliance documents (such as GST or statutory challans).

Technical Skills: Proficiency in ERP software (such as SAP, Oracle, or Gorfugal) and advanced MS Excel.

- Soft Skills: Solid negotiation, analytical thinking, attention to detail, and cross-functional communication.

📌 Purchase Executive (Nagpur)
🏢 TUNGSTEN RAIL AND INFRA
📍 Nagpur