Purchase Executive

Procurement & Vendor Management

• Identify, evaluate, and develop reliable suppliers/vendors for raw materials, consumables, spare parts, and services.
• Float inquiries, obtain quotations, and negotiate prices, credit terms, and delivery schedules.
• Prepare comparative statements and finalize purchase orders in line with company policies.
• Maintain vendor database and develop alternate sources to ensure uninterrupted supply.

2. Material Planning & Control

• Coordinate with Production, Stores, and Design teams to understand material requirements.
• Ensure timely procurement of raw materials, machinery spares, packaging, and consumables as per production schedules.
• Monitor inventory levels to avoid stock-outs or over-stocking.
• Support cost reduction initiatives through effective procurement strategies.

3. Compliance & Documentation

• Ensure all purchase orders, invoices, and agreements comply with company policies and statutory norms (GST, Excise, Import rules if applicable).
• Maintain purchase records, vendor contracts, and documentation for audit and ISO/Factory compliance.
• Support Finance team with reconciliation of vendor accounts and timely payments.

4. Quality & Cost Assurance

• Ensure purchased items meet required quality standards and technical specifications.
• Work closely with the Quality Control team to resolve supplier issues.
• Track cost trends and contribute to cost-saving initiatives without compromising quality.

5. Coordination & Communication

• Liaise between suppliers, internal departments (Production, QC, Stores, Accounts), and management.
• Escalate critical supply delays, shortages, or quality issues to higher management.
• Support in vendor performance evaluation and continuous improvement.

6. Additional Responsibilities

• Monitor lead times and optimize logistics to reduce procurement cycle time.
• Assist in import/export procurement (if applicable).
• Participate in budget preparation and support Capex procurement.
• Ensure confidentiality and compliance with company procurement policies.

Job Types: Full-time, Permanent

Pay: ₹22,000.00 - ₹35,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Provident Fund

Work Location: In person