Senior Purchase Executive

We are seeking a detail-oriented and experienced Senior Purchase Executive to join our team. This role is pivotal in ensuring the seamless procurement of materials and services required to meet our production and project demands while maintaining high standards of quality and cost-efficiency.

Skills & Qualifications

The ideal candidate should possess a strong technical background and proficiency in procurement software:

• Experience: 4 to 5 years of proven experience in a similar procurement role.
• Software Proficiency:
• Expertise in Tally.
• Advanced MS Excel skills and proficiency in MS Office tools.
• Core Competencies:
• Strong negotiation and relationship-building skills.
• In-depth knowledge of sourcing mechanical components and raw materials.
• Analytical mindset for cost-reduction initiatives and inventory optimization.

Key Responsibilities

As a Senior Purchase Executive, you will be responsible for the end-to-end procurement lifecycle, from planning to supplier management:

• Plan, source, and procure raw materials, mechanical components, consumables, tools, spares, and services as per production and project requirements.
• Prepare and process purchase orders (POs) in accordance with company policies and procedures.
• Maintain optimal inventory levels in coordination with the stores and production departments.
• Identify, evaluate, and develop reliable suppliers for quality materials at competitive prices.
• Build long-term strategic relationships with key suppliers.
• Prepare monthly rejection record for quality of material.
• Negotiate pricing, payment terms, and delivery schedules to achieve cost savings without compromising on quality.
• Ensure proper documentation for all purchases (POs, quotations, invoices, delivery notes, etc.).
• Prepare regular reports on purchase activities, cost savings, supplier performance, and material shortages.
• Identify of Material Indent as per factory and sending enquiry to existing & new Supplier.
• Identify and develop alternative sources of supply to mitigate risks and ensure business continuity.
• Analyze consumption patterns to optimize inventory levels and minimize obsolescence.
• Drive initiatives for cost reduction through bulk procurement, alternate materials, and supplier partnerships.
• Collaborate with the Quality Control (QC) team to handle supplier quality issues and corrective actions.

Job Type: Full-time

Pay: ₹350,000.00 - ₹450,000.00 per year

Experience:

• Procurement: 3 years (Required)

Location:

• Mumbai, Maharashtra (Preferred)

Work Location: In person