Job Title : Purchase Executive - Mediyant
Salary band : As per Industry standard
Reports To : Chief Operating Officer
Skills & Qualifications -
Education:
● Bachelor's degree Mechanical, Electrical, Electronic (Supply Chain Management, Business
Administration, Commerce, or a related field (preferred)
Experience:
● 3-5 years of experience in procurement, purchasing, supply chain management, or a related field.
● Experience in vendor development, strategic sourcing, and contract negotiations.
Job Summary –
The Purchase Executive is responsible for managing the process to ensure the timely and cost-effective
purchase of materials, components, and services required by the organization. This role focuses on vendor
management, strategic sourcing, price negotiations, purchase planning, and maintaining uninterrupted
supply operations. The executive will build strong supplier relationships, evaluate vendor performance,
ensure compliance with quality standards, and implement cost-saving initiatives to support organizational
goals and operational efficiency.
Technical & Core Skills:
● Proficiency in ERP systems, procurement software, and Microsoft Office Suite (Excel, Word,
PowerPoint).
● Knowledge of purchase planning, inventory management, and supply chain processes.
● Familiarity with RFQ, PO, vendor evaluation, and cost analysis procedures.
● Develop and support new products while managing procurement requirements for refurbishment
projects.
● Understand mechanical and electrical components to effectively coordinate with manufacturing
and suppliers.
● Build strong supplier relationships and negotiate competitive pricing, quality, and delivery terms.
● Analyse procurement needs, identify cost-saving opportunities, and mitigate supply chain risks.
● Coordinate with multiple vendors and internal stakeholders to ensure timely procurement and
compliance with quality standards.
Key Responsibilities:
1. Collaborate closely with internal departments to analyse procurement requirements, optimize
purchasing decisions, and support business objectives through data-driven reporting.
2. Evaluate products, components, and accessories to ensure compliance with quality standards,
specifications, and operational requirements.
3. Monitor inventory levels, analyse stock status, and proactively initiate purchase orders to maintain
uninterrupted supply and operational efficiency.
4. Maintain accurate procurement records, including purchase orders, invoices, vendor details, and
delivery information, while generating daily and periodic procurement reports.
5. Track and expedite orders to ensure on-time delivery, verify received materials against purchase
orders, and coordinate with warehouse teams for efficient storage and inventory control.
6. Research, identify, evaluate, and on board qualified suppliers through a structured vendor
registration and assessment process.
7. Conduct supplier comparisons, cost analyses, and market research to support strategic sourcing
decisions and achieve cost optimization goals.
8. Negotiate pricing, commercial terms, and contractual agreements with suppliers to secure the best
value while maintaining quality and service standards, Assist with Purchase Officer.
9. Utilize ERP systems and internal databases to accurately record and manage procurement
transactions, vendor information, and purchasing activities.
10. Apply strong analytical and supply chain management skills to identify opportunities for process
improvement, risk mitigation, and operational excellence.
11. Build and maintain effective supplier relationships to ensure reliability, quality performance, and
long-term business partnerships.
12. Stay informed about industry developments, emerging technologies, and market trends by
participating in trade shows, exhibitions, and supplier engagement activities.
Apply here : https://forms.gle/ELMbQhLNtaU2NFFa8
Contact details : [email protected] | 6358944452
For more details : Visit career page at www.medinnovasystems.com
Job Types: Full-time, Permanent
Pay: ₹25,000.00 - ₹45,000.00 per month
Benefits:
- Cell phone reimbursement
- Health insurance
- Paid sick time
- Provident Fund
Education:
Experience:
- total work: 1 year (Preferred)
Work Location: In person