Purchase Executive
Job Title: Purchase Executive
Experience: 2–4 Years
Location: Chennai
Job Summary
We are looking for a Purchase Executive to manage the procurement of materials, spare parts, and services required for daily business operations. The candidate should have experience in vendor management, price negotiation, purchase order processing, and inventory coordination while ensuring timely procurement at the best cost and quality.
Key Responsibilities
- Identify and procure materials, spare parts, and services as per business requirements.
- Source new vendors and maintain strong relationships with existing suppliers.
- Compare quotations and negotiate prices, payment terms, and delivery schedules.
- Prepare and issue Purchase Orders (POs) and monitor order status until delivery.
- Coordinate with stores, maintenance, and operations teams to ensure material availability.
- Track inventory levels and initiate timely replenishment.
- Verify received materials against purchase orders and quality standards.
- Resolve issues related to delayed deliveries, shortages, or defective materials.
- Maintain accurate purchase records, vendor database, and procurement reports.
- Coordinate with the accounts team for invoice verification and vendor payments.
- Monitor market prices and identify cost-saving opportunities.
- Ensure compliance with company procurement policies and procedures.
Required Skills
- Purchase & Procurement
- Vendor Management
- Supplier Development
- Price Negotiation
- Purchase Order (PO) Processing
- RFQ/RFP Handling
- Inventory Management
- Material Planning
- Cost Control
- MS Excel
- ERP/SAP (preferred)
Preferred Qualification
- Bachelor's degree in Commerce, Business Administration, Supply Chain Management, or a related field.
- 2–4 years of experience in purchasing or procurement.
- Experience in the automobile, transport, fleet, or manufacturing industry is an added advantage.
Pay: ₹19,000.00 - ₹24,000.00 per month
Benefits:
- Food provided
- Provident Fund
Work Location: In person
