Senior Purchase Executive

Purchase ExecutiveExperience: 10+ yearsLocation: VikhroliCTC: up to 6 LPA

Job Overview

Responsibilities

• Manage the complete procurement cycle for raw materials, consumables, services, and office supplies.
• Prepare purchase requisitions (PRs) and convert approved requisitions into purchase orders (POs).
  

• Identify, evaluate, and onboard new vendors based on quality standards, pricing, and delivery capabilities.
• Maintain an updated vendor database and periodically assess vendor performance.
  

• Obtain and evaluate quotations from multiple suppliers.
• Negotiate pricing, payment terms, and delivery schedules to ensure cost-effective procurement.
  

• Coordinate with stores and inventory teams to monitor stock levels and prevent shortages or excess inventory.
• Track purchase orders and follow up to ensure on-time delivery.
  

• Maintain accurate procurement records and documentation.
• Ensure compliance with internal procurement policies and applicable statutory regulations.
  

• Coordinate with the finance team for invoice verification and payment processing.
• Collaborate with internal departments to understand material requirements and procurement timelines.
  

• Use ERP systems (such as Tally or equivalent) for PR/PO creation and procurement record management.
• Prepare and submit periodic procurement reports (weekly/monthly) for management review.
  

Requirements

• Bachelor’s degree in Commerce, Business Administration, Supply Chain Management, or a related discipline.
• Strong negotiation, communication, and stakeholder-management skills.
• Sound knowledge of procurement processes, vendor development, and purchase best practices.
• Proficiency in MS Excel, MS Word, and ERP/procurement software.
• High attention to detail with strong organisational and time-management skills.