Purchase Executive

Job Description – Purchase Executive

Position: Purchase Executive

Department: Procurement / Supply Chain

Location: Mohan Nagar

Reporting To: Purchase Manager / Head – Procurement

Key Responsibilities:

• Procurement Management
• Identify, evaluate, and select reliable suppliers/vendors.
• Negotiate prices, terms, and conditions to ensure cost-effective purchases.
• Issue purchase orders and follow up for timely delivery.
• Vendor Coordination
• Maintain strong relationships with existing vendors and develop new vendor sources.
• Ensure vendors comply with company quality standards and delivery timelines.
• Resolve discrepancies related to material supply, quality, or pricing.
• Inventory & Material Management
• Coordinate with the stores/warehouse team to ensure adequate stock levels.
• Monitor inventory and raise purchase requisitions based on requirements.
• Avoid overstocking or stockouts by maintaining balance.
• Documentation & Compliance
• Maintain accurate purchase records, agreements, and vendor details.
• Ensure compliance with company policies and statutory requirements.
• Prepare MIS reports related to procurement, costs, and vendor performance.
• Cost Control & Budgeting
• Work on reducing procurement costs without compromising on quality.
• Assist in budgeting and forecasting for procurement activities.

Key Skills & Competencies:

• Strong negotiation and communication skills
• Good knowledge of procurement processes and supply chain management
• Analytical and problem-solving ability
• Proficiency in MS Office and ERP software (if applicable)
• Ability to handle multiple tasks under tight deadlines

Qualifications & Experience:

• Graduate in Commerce / Business Administration / Supply Chain Management (MBA preferred)
• 3–5 years of experience in purchasing/procurement (manufacturing/engineering industry preferred)

Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹40,000.00 per month

Work Location: In person