Purchase Executive

Job Title: Purchase Executive

Experience: 3 – 5 Years

Department: Procurement / Supply Chain

Location: [Phoenix Mall]

Reporting To: Purchase Manager / Operations Head

Job Summary

We are looking for a detail-oriented and proactive Purchase Executive to manage the procurement of materials, negotiate with vendors, and ensure timely supply of quality products. The candidate should have strong vendor management, negotiation, and analytical skills with prior experience in purchasing operations.

Key Responsibilities

1. Procurement & Purchasing

Identify, source, and procure materials, equipment, and services as per company requirements.

Prepare purchase orders and ensure timely delivery of goods.

Evaluate price options and negotiate with suppliers for cost-effective purchases.

2. Vendor Management

Develop and maintain strong relationships with vendors and suppliers.

Monitor vendor performance related to quality, price, and delivery timelines.

Maintain an updated vendor database.

3. Stock & Inventory Coordination

Coordinate with the stores and production team to understand material requirements.

Monitor inventory levels and ensure uninterrupted material flow.

Follow up on shortages, delays, and replacements.

4. Documentation & Compliance

Maintain accurate records of purchase orders, contracts, bills, and receipts.

Ensure all procurement activities comply with company policies and standards.

Handle invoice verification and coordinate with the accounts team for payments.

5. Market Research & Cost Control

Conduct market research to identify new suppliers and compare pricing trends.

Suggest improvements in procurement process to reduce cost and enhance efficiency.

Monitor fluctuating prices and prepare cost comparison sheets.

Required Skills

Strong negotiation and communication skills.

Good knowledge of procurement processes and vendor management.

Familiarity with inventory management and ERP/purchasing software.

Analytical thinking and problem-solving ability.

Ability to work under deadlines with attention to detail.

Qualification

Bachelor’s degree in Supply Chain, Business Administration, Commerce, or relevant field.

3 to 5 years of experience in purchasing or procurement role.

Job Type: Permanent

Pay: ₹20,000.00 - ₹23,000.00 per month

Benefits:

• Provident Fund

Work Location: In person