Purchase Executive

Job Title: Purchase Executive

Department: Procurement / Supply Chain

Job Summary:

The Purchase Executive will be responsible for sourcing, procuring, and managing raw materials, components, and tools required for hand tool manufacturing operations. The role involves vendor development, price negotiation, timely procurement, and inventory management to ensure uninterrupted production and cost efficiency. The ideal candidate should have strong negotiation, analytical, and communication skills, with a good understanding of industrial and manufacturing procurement processes.

Key Responsibilities:

• Identify, evaluate, and select reliable suppliers and vendors for materials, components, and services.
• Obtain quotations, compare pricing, negotiate terms, and finalize purchase orders to ensure cost-effective procurement.
• Maintain optimum inventory levels and ensure timely availability of materials to meet production requirements.
• Monitor supplier performance regarding quality, delivery timelines, and compliance with company standards.
• Develop and maintain strong relationships with existing and new suppliers.
• Coordinate with production, quality control, and accounts departments for smooth material flow and vendor payments.
• Prepare and maintain accurate procurement documentation—purchase orders, vendor contracts, and reports.
• Analyze market trends to identify new suppliers, materials, or processes that could improve cost efficiency and quality.
• Ensure adherence to company procurement policies, budget controls, and legal regulations.
• Support in audits, reporting, and procurement-related data analysis for management reviews.

Qualifications & Skills:

Education:

• Bachelor’s Degree in Supply Chain Management, Business Administration, Mechanical Engineering, or related field.

Experience:

• 2–5 years of experience in purchasing or procurement, preferably in manufacturing or engineering industries (hand tool or related sectors preferred).

Key Skills:

• Strong negotiation and communication skills.
• Knowledge of procurement processes, vendor management, and ERP systems.
• Analytical thinking and attention to detail.
• Time management and organizational abilities.
• Proficiency in MS Office (Excel, Word, PowerPoint).
• Familiarity with ISO standards and quality management systems is an added advantage.

Job Type: Full-time

Pay: ₹20,000.00 - ₹25,000.00 per month

Benefits:

• Provident Fund