The Purchase Executive is responsible for sourcing, negotiating, and procuring engineering materials, components, equipment, and services required for production and project execution. The role ensures timely procurement at competitive prices while maintaining quality standards and building strong supplier relationships.
Key Responsibilities
- Procure raw materials, engineering components, consumables, tools, and capital equipment as per company requirements.
- Identify and develop new suppliers for cost-effective procurement.
- Obtain and compare quotations from multiple vendors.
- Negotiate prices, payment terms, delivery schedules, and contract conditions.
- Prepare and issue Purchase Orders (POs).
- Follow up with suppliers to ensure on-time delivery.
- Coordinate with Production, Planning, Stores, Quality, and Finance departments.
- Monitor inventory levels and initiate purchases to avoid stock shortages.
- Evaluate supplier performance based on quality, delivery, cost, and service.
- Resolve supply-related issues, shortages, and delivery delays.
- Maintain procurement records, vendor databases, and documentation.
- Ensure compliance with company procurement policies and statutory requirements.
- Support cost reduction and value engineering initiatives.
Pay: ₹18,000.35 - ₹30,000.76 per month
Benefits:
- Cell phone reimbursement
- Flexible schedule
- Paid time off
Work Location: In person
