Job Description – Purchase Executive Job Title:
Purchase Executive
Department:
Purchase
Reporting To:
Purchase Manager
Job Summary:
The Purchase Executive is responsible for sourcing materials, obtaining quotations, negotiating with suppliers, issuing purchase orders, and ensuring timely availability of materials to support production and business operations.
Key Responsibilities:
- Identify and develop new suppliers and vendors.
- Obtain quotations and compare prices, quality, and delivery schedules.
- Prepare and issue Purchase Orders (PO).
- Follow up with suppliers for timely delivery of materials.
- Maintain purchase records, vendor details, and documentation.
- Coordinate with Production, Stores, Quality, and Accounts departments.
- Monitor inventory levels and arrange procurement accordingly.
- Negotiate prices, payment terms, and delivery schedules.
- Ensure timely closure of pending purchase orders.
- Evaluate supplier performance and maintain vendor ratings.
- Resolve material-related issues with suppliers.
- Prepare monthly purchase reports and MIS.
Required Skills:
- Knowledge of procurement and purchasing processes.
- Good negotiation and communication skills.
- Proficiency in MS Excel, Word, and ERP software.
- Analytical and problem-solving abilities.
- Vendor management skills.
- Knowledge of inventory and supply chain concepts.
Qualification:
- Graduate / Diploma / Bachelor's degree in Commerce, Management, Engineering, or related field.
Experience:
- 2–5 years of experience in Purchase or Procurement.
- Experience in manufacturing industry will be preferred.
Key Performance Indicators (KPIs):
- On-time material availability.
- Cost savings through negotiation.
- Supplier delivery performance.
- Purchase order closure rate.
- Reduction in emergency purchases.
- Vendor development and evaluation.
Working Conditions:
- Office-based work with regular coordination with suppliers and internal departments.
- Occasional supplier visits may be required.
Pay: ₹15,000.00 - ₹20,000.00 per month
Benefits:
- Cell phone reimbursement
- Flexible schedule
Work Location: In person
