A Purchase Executive in a manufacturing company is responsible for procuring raw materials, components, equipment, and services required for production while ensuring cost-effectiveness, quality, and timely delivery.
Job Title
Purchase Executive / Procurement Executive
Job Summary
The Purchase Executive manages the procurement process from vendor identification to purchase order issuance and delivery follow-up. The role focuses on maintaining uninterrupted production by ensuring the availability of materials at optimal cost and quality.
Required Qualifications
· BE – Chemical / BSC
· Fresher
· Experience in manufacturing, industrial, or production environments preferred.
Key Responsibilities
Procurement & Purchasing
· Source and procure raw materials, packaging materials, and consumables as per production requirements.
· Obtain and evaluate quotations from multiple suppliers.
· Negotiate prices, payment terms, and delivery schedules.
· Prepare and issue Purchase Orders (POs).
Vendor Management
· Identify, evaluate, and develop new suppliers.
· Maintain strong relationships with existing vendors.
· Monitor supplier performance regarding quality, cost, and delivery.
· Resolve supplier-related issues and disputes.
Inventory Coordination
· Coordinate with production, stores, and planning departments to understand material requirements.
· Monitor inventory levels and initiate purchases to avoid stock shortages.
· Support inventory optimization and cost reduction initiatives.
· Ensure timely delivery and cost-effective procurement
Cost Control
· Analyse market trends and pricing.
· Seek opportunities for cost savings and process improvements.
· Compare supplier quotations and recommend the most suitable option.
Documentation & Compliance
· Verify Invoices with supporting documents.
· Maintain procurement records, contracts, and supplier databases.
· Ensure compliance with company procurement policies.
· Track purchase orders and delivery schedules.
· Assist in audits and reporting activities.
Required Skills
· Vendor negotiation and relationship management.
· Knowledge of procurement processes and supply chain operations.
· Inventory management understanding.
· Proficiency in ERP systems
· Strong analytical and problem-solving skills.
· Excellent communication and negotiation abilities.
· Advanced Outlook, Microsoft Excel skills.
· Attention to detail and organizational skills.
Key Performance Indicators (KPIs)
· Cost savings achieved.
· On-time material delivery rate.
· Supplier performance ratings.
· Purchase order cycle time.
· Inventory turnover and stock availability.
· Reduction in procurement-related production delays.
Job Types: Full-time, Permanent
Pay: ₹10,000.00 - ₹25,000.00 per month
Work Location: In person
