Purchase Executive

Job Description

The Purchase Executive is responsible for sourcing, evaluating, and procuring materials, components, and equipment necessary for manufacturing or project execution. This role involves working closely with suppliers, negotiating contracts, and ensuring timely delivery of quality materials at optimal costs while maintaining inventory levels and supporting production schedules. Key Responsibilities: Identify, evaluate, and select suppliers based on quality, cost, delivery, and service. Raise and manage purchase orders (POs) in line with company policies and project requirements. Review technical specifications and collaborate with engineering and production teams to ensure procurement meets requirements. Negotiate prices, terms, and delivery schedules with vendors to obtain the best value. Track and manage order deliveries to ensure timeliness and address any delays or quality issues. Develop and maintain vendor relationships, including performance evaluation and vendor development. Coordinate with the quality control team to ensure the procured materials meet required standards. Ensure compliance with company procurement policies and procedures. Maintain accurate records of purchases, pricing, and delivery data. Work with finance for vendor payments and invoice reconciliation. Contribute to cost-saving initiatives and continuous improvement of procurement processes. Qualifications: Bachelor’s degree in Mechanical / Electrical / Production Engineering or equivalent. 1–3 years of relevant experience in industrial purchasing or procurement. Familiarity with ERP systems (e.g., SAP, Oracle, etc.) and Microsoft Office. Strong negotiation and communication skills. Good analytical and problem-solving abilities. Knowledge of industry-standard materials, equipment, and supplier networks. Job Type: Full-time Pay: ₹20,000.00 - ₹30,000.00 per month Benefits: Provident Fund Ability to commute/relocate: Aurangabad, Maharashtra: Reliably commute or planning to relocate before starting work (Preferred) Work Location: In person