Purchase Executive

2 - 4 years

2 - 3 Lacs

Posted:1 hour ago| Platform: Naukri logo

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Work from Office

Job Type

Full Time

Job Description

Job Title

Department

Experience Required

Location

Reports To

Gender

Number of Openings

Key Responsibilities .

1. Procurement & Sourcing

  • Identify, evaluate, and onboard reliable suppliers.
  • Ensure timely procurement of materials, equipment, and services.
  • Maintain optimal stock levels to avoid shortages or over-stocking.
  • Negotiate competitive pricing, terms, and contracts.

2. Cost Management

  • Achieve cost savings through strategic sourcing.
  • Analyze price trends and market conditions.
  • Implement cost-control measures without compromising quality.

3. Vendor Management

  • Maintain strong supplier relationships.
  • Conduct vendor performance evaluations (quality, delivery, pricing, service).
  • Resolve supplier disputes and ensure compliance with agreements.

4. Purchase Order (PO) Management

  • Create accurate and complete purchase orders.
  • Ensure timely approvals and follow-up.
  • Track and ensure on-time delivery of all PO items.

5. Quality & Compliance

  • Ensure all purchased items meet required quality standards.
  • Adhere to company policies, legal standards, and audit requirements.
  • Coordinate with QA/QC, stores, and user departments for inspection and approval.

6. Inventory Coordination

  • Work with warehouse and production teams on stock planning.
  • Monitor slow-moving, non-moving, and obsolete items.
  • Support inventory-cycle audits.

7. Documentation & Reporting

  • Maintain accurate records of purchases, contracts, and vendor details.
  • Generate weekly/monthly reports (purchase tracker, savings, pending POs).
  • Assist in budgeting and forecasting.

8. Process Improvement

  • Identify gaps and improve purchasing processes.
  • Implement automation tools or systems (ERP, procurement software).
  • Ensure continuous improvement in procurement efficiency.

Qualification & Experience

  • Education

    : Any Graduate
  • Experience

    : Minimum 2 to 4 Yrs.
  • Age Group

    : 2328 years (preferred)

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