The Purchase Executive is responsible for managing the procurement of goods, materials, and services required for the organization's operations. This role focuses on strategic sourcing, supplier negotiation, cost optimization, and ensuring timely delivery while maintaining quality standards and compliance with company policies.
Department: Procurement / Supply Chain
Reports To: Procurement Manager / Head of Purchasing
Location: Sindhi Colony, Prenderghast Road, Secunderabad (Hyderabad), Telangana
Employment Type: Full-time
Key Responsibilities
- Identify, evaluate, and select reliable suppliers and vendors based on quality, price, delivery, and reliability criteria.
- Negotiate contracts, pricing, terms, and conditions with suppliers to achieve cost savings and favorable agreements.
- Prepare and process purchase orders, ensuring accuracy and compliance with internal procedures.
- Collaborate with internal departments (e.g., production, operations, finance, and stores) to understand and fulfill procurement needs.
- Monitor and track purchase orders, deliveries, and inventory levels to prevent stockouts or overstocking.
- Maintain accurate records of purchases, supplier performance, pricing, and contracts.
- Conduct market research and analysis to stay updated on trends, pricing fluctuations, and new suppliers.
- Resolve supplier-related issues, including discrepancies in quality, delivery delays, or payments.
- Ensure all procurement activities comply with company policies, legal requirements, and ethical standards.
- Prepare reports on procurement activities, cost savings, and supplier performance for management review.
- Manage vendor relationships and conduct periodic performance evaluations.
Qualifications and Experience
- Education: Bachelor’s degree in Business Administration, Supply Chain Management, Logistics, Commerce, or a related field. MBA or relevant certification is a plus.
- Experience: 2–5 years of proven experience in procurement, purchasing, or supply chain roles. Experience in Gifting Industry.
Required Skills and Competencies
- Strong negotiation and communication skills in English (verbal and written). Sufficient Verbal communications skills in Hindi and Telugu is required.
- Excellent analytical and problem-solving abilities with a focus on cost optimization.
- Proficiency in MS Office (especially Excel) and ERP/procurement software (e.g., SAP, Tally, or similar).
- Knowledge of supply chain management, inventory control, and vendor management practices.
- Ability to work independently and handle multiple priorities under pressure.
- High attention to detail and strong organizational skills.
- Familiarity with market research tools and techniques.
Other Requirements
- Must have own Two-Wheeler and Driving License
- Candidate will be required to travel within city to research market, meet vendors, organize delivery to purchases to warehouse.
Pay: ₹24,000.00 - ₹30,000.00 per month
Benefits:
- Cell phone reimbursement
- Leave encashment
- Paid sick time
- Paid time off
- Provident Fund
Work Location: In person
