Job Description: Purchase Executive
Job Title: Purchase Executive
Department: Procurement / Supply Chain
Reports To: Purchase Manager / Procurement Head
Job Summary
A Purchase Executive is responsible for sourcing, negotiating, and purchasing goods and services required by the organization. The role involves maintaining supplier relationships, ensuring timely procurement, controlling costs, and ensuring quality standards are met.
Key Responsibilities
- Identify and evaluate potential suppliers and vendors.
- Obtain quotations, compare prices, and negotiate contracts.
- Prepare and process purchase orders.
- Monitor inventory levels and coordinate replenishment activities.
- Ensure timely delivery of materials and services.
- Maintain accurate procurement records and documentation.
- Develop and maintain strong relationships with suppliers.
- Coordinate with internal departments to understand purchasing requirements.
- Track market trends, pricing, and product availability.
- Resolve issues related to deliveries, quality, and supplier performance.
- Ensure compliance with company procurement policies and procedures.
- Assist in cost-saving initiatives and vendor management programs.
Required Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, Commerce, or a related field.
- 2–5 years of experience in purchasing, procurement, or supply chain operations (experience requirements may vary).
- Knowledge of procurement processes and vendor management.
- Proficiency in MS Office, especially Excel.
- Experience with ERP systems is an advantage.
Key Skills
- Negotiation and vendor management skills.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills.
- Attention to detail and organizational skills.
- Time management and multitasking capabilities.
- Cost analysis and budgeting knowledge.
- Ability to work under pressure and meet deadlines.
Performance Indicators (KPIs)
- Cost savings achieved through negotiations.
- On-time procurement and delivery rates.
- Supplier performance and quality compliance.
- Purchase order processing accuracy.
- Inventory availability and stock-out reduction.
Pay: ₹25,000.00 - ₹42,000.00 per month
Benefits:
Work Location: In person
