Purchase Executive

Job Description

Job Purpose: To ensure timely procurement of raw materials, consumables, and engineering items at the best possible price and quality, aligning with production schedules and inventory norms of Vidya Wires Limited. Key Responsibilities: Procurement Management: Identify reliable vendors for raw materials like copper rods, enamel, packing materials, etc. Request and compare quotations, negotiate pricing and payment terms. Issue purchase orders in ERP (preferably Microsoft Dynamics). Ensure timely delivery to avoid production delays. Vendor Development & Management: Evaluate and onboard new suppliers as per company SOP. Maintain good relations with existing vendors. Monitor vendor performance (quality, delivery, responsiveness). Inventory Coordination: Coordinate with store, production, and accounts departments. Maintain optimal inventory levels of consumables and critical spares. Monitor slow-moving and non-moving inventory. Documentation & Compliance: Maintain complete and accurate procurement records. Ensure adherence to ISO/quality systems. Ensure compliance with GST and other legal regulations. Cost Optimization: Identify cost-saving opportunities through bulk purchases, alternate sourcing, or logistics optimization. Keep track of market trends in commodity prices. Coordination & Communication: Coordinate with production and planning teams for material forecasts. Follow up with logistics partners for timely dispatch and receipt. Key Skills & Competencies: Strong negotiation and communication skills Understanding of engineering drawings and technical specs Good knowledge of purchase processes and vendor management Familiarity with ERP systems (preferably Microsoft Dynamics) Analytical thinking and problem-solving ability Attention to detail and documentation Qualifications: Graduate in Commerce/Engineering (B.Com/B.E./Diploma preferred) MBA in Supply Chain or Materials Management (optional but preferred) Working Conditions: 6 days working (As per company policy) Office & field work (vendor visits, market study) May involve travel for vendor audits or trade fairs Job Types: Full-time, Permanent Pay: ₹15,000.00 - ₹28,945.71 per month Benefits: Food provided Health insurance Life insurance Paid time off Provident Fund Schedule: Day shift Weekend availability Supplemental Pay: Yearly bonus Ability to commute/relocate: Anand, Gujarat: Reliably commute or planning to relocate before starting work (Preferred) Experience: Purchase Executive: 2 years (Preferred) Work Location: In person