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