Purchase Executive

Purchase Executive

CTC Per Month: INR 25,000 - 35,000

Experience: 2-5yrs

Job Purpose

• To manage the procurement of raw materials, components, and Bought Out Parts (BOP) in a timely and cost-effective manner, ensuring uninterrupted production while maintaining quality and compliance standards.

Key Responsibilities

● Manage end-to-end purchase process including sourcing, vendor evaluation, negotiation, order placement, and follow-up.

● Identify and develop reliable suppliers for required components, materials, and services.● Coordinate with production, quality, and stores departments to understand materialrequirements and specifications.

● Monitor vendor performance with respect to delivery timelines, quality, and pricing.

● Handle alternate sourcing in case of discontinued items, vendor delays, or quality issues.

● Prepare and issue Purchase Orders (POs) and maintain purchase records in ERPsystems.

● Negotiate cost reductions, payment terms, and delivery schedules with suppliers.

● Ensure compliance with company procurement policies and statutory requirements.

● Resolve supply disruptions quickly to avoid production downtime.

● Maintain updated records of supplier agreements, price lists, and contracts.

● Prepare periodic purchase reports for management review.Required Skills & Competencies

● Strong negotiation and communication skills.

● Knowledge of procurement processes, vendor management, and cost control.

● Proficiency in ERP systems, MS Excel, and purchase-related tools.● Problem-solving ability in supply chain disruptions.

● Basic understanding of quality standards and specifications.

Qualifications & Experience

● Graduate in Commerce / Engineering / Supply Chain Management (Preferred: MBA in

Materials Management).

● 2–4 years of experience in purchase/procurement in manufacturing industry (automobile/engineering preferred).

● Experience in handling Bought Out Parts (BOP) and vendor coordination.Key Performance Indicators (KPIs)

● On-time procurement rate.

● Cost savings achieved through negotiations.

● Supplier performance ratings.

● Lead time reduction in sourcing.

● Reduction in material shortages and production stoppages.

Job Type: Full-time

Pay: ₹25,000.00 - ₹35,000.00 per month

Work Location: In person