Purchase Executive

Job Description Designation: Purchase Executive Experience: 3 to 4Yrs Domain: Lighting Industry A typical job description for a Purchase Executive in the mechanical lighting industry would include responsibilities focused on sourcing, purchasing, and managing materials and components for lighting fixtures. The candidate would ideally possess a degree in engineering or a related field and have 3-4 years of experience in procurement, with a preference for experience in the lighting or electrical industry. Key Responsibilities: 1. Sourcing and Vendor Management: Identify and evaluate potential vendors for lighting fixtures, components, and materials. This includes evaluating vendor capabilities, pricing, and quality. 2. Negotiation: Negotiate terms and conditions with vendors, including pricing, delivery timelines, and payment terms. 3. Purchase Order Management: Prepare and manage purchase orders, ensuring they are accurate, complete, and compliant with company policies. 4. Inventory Management: Monitor inventory levels, ensure timely replenishment, and manage stock rotation. 5. Logistics and Shipping: Coordinate with vendors to ensure timely and cost-effective delivery of materials. 6. Documentation and Reporting: Maintain accurate records of purchases, vendors, and inventory. 7. Cost Analysis and Savings: Analyze purchasing costs and identify opportunities for cost reduction and improvement. 8. Collaboration: Work closely with engineering, production, and other departments to support their needs. 9. Quality Assurance: Ensure that materials and components meet quality standards. Required Skills and Qualifications: Technical Knowledge: · Strong understanding of Lighting industry. Procurement Expertise: · Proven experience in sourcing and negotiating with suppliers, including contract management. Market Awareness: · Knowledge of current market trends, pricing dynamics, and potential suppliers in the sheet metal industry. Quality Assurance: · Familiarity with quality control procedures and standards relevant to sheet metal. Communication Skills: · Excellent verbal and written communication to effectively interact with suppliers, internal teams, and stakeholders. Analytical Skills: · Ability to analyse data, identify cost-saving opportunities, and make informed purchasing decisions. Education and Experience: · Bachelor's degree in Supply Chain Management, Business Administration, or a related field. · Minimum of 3-5 years of experience in purchasing, preferably within the sheet metal manufacturing industry. · Proficiency in SAP Business One and Microsoft Office Suite. Job Type: Full-time Pay: ₹30,000.00 - ₹35,000.00 per month Benefits: Health insurance Provident Fund Schedule: Day shift Supplemental Pay: Yearly bonus Work Location: In person Expected Start Date: 01/07/2025