Purchase Executive

Job Description

Key Responsibilities: Source and evaluate vendors based on price, quality, and delivery timelines. Negotiate contracts, terms, and pricing with suppliers. Issue purchase orders and ensure timely delivery of goods/services. Monitor inventory levels and coordinate with inventory and warehouse teams. Maintain accurate records of purchases, pricing, and supplier performance. Conduct market research to identify new suppliers and trends. Ensure compliance with internal and external procurement policies. Resolve issues related to delayed deliveries, damaged goods, or invoice discrepancies. Collaborate with finance and operations departments to forecast demand and manage budgets. Track and report key functional metrics to reduce expenses and improve effectiveness. Additional Responsibility: Prepare and send vendor quotations to higher management for review and approval. Ensure all necessary documentation (quotations, comparative statements, supplier evaluations) is complete and accurate before submitting for approval. Follow up with management to secure timely approvals and ensure procurement timelines are met. Maintain a clear record of approved quotes and authorization for future reference and audits. Job Types: Full-time, Fresher Pay: ₹13,179.00 - ₹17,000.00 per month Schedule: Day shift Supplemental Pay: Performance bonus Work Location: In person