Purchase Executive

2 - 4 years

2 - 3 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

What you 'll do

Purchase Executive

Role & responsibilities

  • Ensure smooth supply of goods and materials required for business operations.
  • Maintain relationships with vendors and negotiate favorable contracts.
  • Monitor stock levels and coordinate with the inventory/warehouse team
  • Identify, evaluate, and select reliable suppliers.
  • Develop and maintain strong supplier relationships.
  • Obtain quotations, compare offers, and negotiate terms (price, credit, delivery, etc.).
  • Prepare purchase orders (POs) and ensure timely approvals.
  • Ensure timely delivery of goods and services.
  • Follow up with vendors for pending orders and delivery schedules.
  • Ensure purchases are made within approved budgets.
  • Track and analyze market trends to make cost-effective purchasing decisions.
  • Support in reducing procurement costs without compromising quality.
  • Coordinate with the quality/inspection team for material verification.
  • Maintain accurate records of purchase orders, invoices, and supplier contracts.
  • Ensure compliance with company policies and statutory requirements.
  • Assist in audits related to procurement.
  • Work closely with the warehouse and inventory team to monitor stock levels.
  • Ensure there are no shortages or overstock situations.
  • Coordinate with internal departments (production, accounts, etc.) for requirements.
  • Prepare and submit regular purchase reports (cost analysis, savings achieved, supplier performance, etc.)

What We Offer

Competitive salary and benefits.

5-day working week.

Career growth opportunities

Qualifications & Experience

Bachelors degree (preferably in Supply Chain ), Diploma, B. Tech. Mechanical

Minimum 2 years of procurement experience, preferred in Automobile

Preferred candidate profile

Automobile / Vehicle related products

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