Purchase Executive

Key roles and responsibilities

• Sourcing and vendor management: Identify, evaluate, and develop a strong network of reliable suppliers for steel, sheet metal, and other components. Conduct regular vendor visits to assess quality, capacity, and relationship strength.
• Negotiation: Negotiate with suppliers on pricing, payment terms, and delivery schedules to achieve the best possible cost savings.
• Purchasing process management: Execute the entire purchase process, from generating purchase requisitions (PRs) and issuing purchase orders (POs) to tracking orders and ensuring timely delivery.
• Inventory control: Monitor inventory levels of raw materials and finished goods to prevent shortages or excess stock. Implement just-in-time (JIT) strategies to optimize inventory and reduce costs.
• Coordination with internal teams: Collaborate with production, quality assurance, and stores departments to understand material requirements and specifications.
• Quality assurance: Coordinate with vendors to ensure that all procured materials meet specified quality standards. This may involve coordinating inspections of materials and resolving quality-related issues.
• Documentation and compliance: Maintain accurate records of all purchase transactions, pricing histories, and supplier performance. Ensure all procurement activities adhere to company policies, legal requirements, and industry standards.
• Cost analysis and reporting: Analyze procurement data and market trends to identify cost-saving opportunities. Generate periodic purchase reports for management review.

Required skills and qualifications

• Experience: 2–5 years of proven experience in a purchasing or procurement role, preferably within the steel, sheet metal, or automotive manufacturing industries.
• Technical knowledge: Strong understanding of steel grades, sheet metal components, fabrication processes, and other related technical specifications.
• Negotiation skills: Excellent negotiation, communication, and interpersonal skills to build and maintain strong vendor relationships.
• Software proficiency: Competence in using ERP systems for purchase order management, as well as Microsoft Office Suite (especially Excel).
• Analytical skills: Strong analytical and problem-solving abilities to evaluate supplier proposals, perform cost-benefit analyses, and resolve supply chain issues.
• Educational background: A bachelor's degree in commerce, engineering, or supply chain management is often preferred. A diploma with relevant experience may also be considered.

Job Type: Full-time

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

Work Location: In person