Purchase Executive

Job Description

About US Born of entrepreneurial spirit in 1990 with passion for engineering excellence, ORBITBearing s is a fast growing, midsized Indian manufacturer of high-quality rolling bearings in India- with a vision to become the most preferred bearing supplier and development partner to our customers globally. Strategically located in Rajkot, Gujarat, our technologically advanced manufacturing plants are at the heart of our operations. We manufacture a million bearings every month for automotive and industrial markets. The fact that over 95% of Orbit products are sold to OEMs and over 60% are sold to developed markets in Europe testifies to the trust that the brand Orbit enjoys. Our long-term customer centric business approach is characterised by flexibility, speed, and fair pricing so that our customers get added value to succeed in their environment. We are implementing projects to expand our product and market portfolio while building a globally competitive organization. Job Overview: As a Purchase Executive, you will be responsible for managing the procurement process, ensuring the timely acquisition of goods and services, and maintaining effective relationships with suppliers. You will play a crucial role in optimizing our supply chain and contributing to the smooth operation of our business. Key Responsibilities: Develop and implement procurement strategies to ensure cost-effective purchasing. Identify and evaluate potential suppliers, negotiate terms, and establish contracts. Monitor and manage inventory levels to ensure adequate stock and prevent shortages. Process purchase orders and follow up on order statuses to ensure timely delivery. Collaborate with internal departments to understand their purchasing needs and provide support. Maintain accurate records of purchases, pricing, and other important data. Analyze market trends and assess supplier performance to make informed purchasing decisions. Resolve any issues related to deliveries, quality, or discrepancies in a timely manner. Requirements: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field. Proven experience as a Purchase Executive or similar role in [industry/sector]. Strong understanding of procurement processes, vendor management, and inventory control. Excellent negotiation and communication skills. Proficiency in MS Office and familiarity with procurement software or ERP systems. Ability to analyze data and make informed decisions. Strong organizational skills and attention to detail. Designation: Purchase Engineer Experience: 2-3 years Job Type: Full-time Pay: ₹20,000.00 - ₹28,000.00 per month Benefits: Food provided Health insurance Leave encashment Provident Fund Schedule: Day shift Supplemental Pay: Yearly bonus Education: Bachelor's (Preferred) Experience: total work: 2 years (Preferred) Work Location: In person