Purchase Executive

5 - 7 years

3 - 4 Lacs

Posted:6 hours ago| Platform: Naukri logo

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Skills Required

cost control & negotiation vendor development & management procurement & sourcing purchase planning & coordination inventory purchase sourcing logistics operations supply chain capex supplier scm procurement management

Work Mode

Work from Office

Job Type

Full Time

Job Description

  • Identify and procure raw materials, polymers, metals, castings, machined parts, electronics, packaging materials, and consumables required for manufacturing of railway components.
  • Ensure timely procurement to meet production plans, delivery targets, and project schedules.
  • Track market trends, price movements, and availability of key raw materials.

2. Vendor Development & Management

  • Identify potential suppliers and develop strategic vendor partnerships.
  • Evaluate vendors based on technical capability, quality performance, delivery adherence, costing, and RDSO or railway approval criteria.
  • Maintain approved vendor lists and periodically review vendor performance.

3. Cost Control & Negotiation

  • Negotiate pricing, terms, and supply conditions to achieve cost savings without compromising quality.
  • Prepare comparative statements, purchase analyses, and cost breakdowns.
  • Ensure compliance with budget targets and minimum inventory strategies.

4. Purchase Planning & Coordination

  • Coordinate with production, stores, engineering, quality, and planning departments to understand material requirements.
  • Schedule purchase orders based on consumption trends, forecast, and project loads.
  • Monitor open POs, ensure on-time delivery, and avoid stock-outs.

5. Documentation & System Handling

  • Maintain purchase orders, enquiry records, quotations, rate contracts, vendor documents, and ERP/Excel purchase tracking.
  • Ensure documentation compliance for RDSO audits, ISO audits, and internal quality checks.
  • Maintain material lead times, order histories, and supplier records.

6. Quality & Inspection Coordination

  • Ensure all purchased items meet technical requirements, drawings, specifications, and inspection standards used in railway applications.
  • Coordinate material inspection with quality and verify supplier compliance.
  • Initiate corrective actions in case of rejections or supply failures.

7. Logistics & Supply Chain Management

  • Monitor dispatch schedules, transportation, inbound logistics, and delivery timelines.
  • Resolve logistics issues such as delays, shortages, material damage, or documentation gaps.
  • Optimize delivery cycles and logistics costs wherever possible.

8. Compliance & Audit Requirements

  • Ensure adherence to procurement policies, GST and taxation norms, contract labour compliance, and purchasing regulations applicable in railway manufacturing.
  • Support internal and external audits by maintaining complete and accurate documentation.

Qualifications & Requirements

  • Diploma/BE/B.Tech in Mechanical, Production, Industrial Engineering or Graduation with strong purchasing experience.
  • 5 years of procurement experience in manufacturing, preferably automotive, engineering, or railway component industry.
  • Strong understanding of RDSO requirements, technical specifications, drawings, and vendor qualification processes.
  • Proficiency in ERP systems, MS Excel, and purchasing workflows.

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