Job Title: Purchase Executive – Commercial
Department: Procurement / Purchase
Location: G-118, Sec-63, Noida, 201301
Experience: 2–5 Years
Employment Type: Full-Time
Job Summary
We are looking for a Purchase Executive – Commercial to manage procurement activities, vendor negotiations, commercial evaluations, and purchase operations. The candidate will ensure timely procurement of materials/services at competitive prices while maintaining quality standards and supplier relationships.
Key Responsibilities
- Handle end-to-end procurement and purchasing activities.
- Float RFQs/RFPs and obtain quotations from vendors.
- Perform techno-commercial evaluation and comparative statement preparation.
- Negotiate prices, payment terms, delivery schedules, and contracts with suppliers.
- Prepare and process Purchase Orders (POs).
- Coordinate with internal departments for procurement requirements.
- Maintain vendor database and develop new suppliers.
- Ensure timely delivery of materials/services as per project or production schedules.
- Track pending orders and follow up with vendors.
- Monitor inventory levels and avoid shortages/excess stock.
- Maintain procurement records, invoices, agreements, and documentation.
- Ensure compliance with company procurement policies and commercial terms.
- Work closely with accounts for invoice verification and payment processing.
- Conduct market analysis for cost optimization and sourcing improvements.
Required Skills
- Strong negotiation and vendor management skills
- Knowledge of procurement and commercial processes
- Understanding of purchase documentation and contracts
- Good analytical and communication skills
- Proficiency in MS Excel, ERP/SAP/Tally systems
- Ability to handle multiple vendors and deadlines
- Cost analysis and budgeting knowledge
- Strong coordination and follow-up skills
Qualifications
- Bachelor’s degree in Commerce, Business Administration, Supply Chain, or related field
- MBA/PGDM in Supply Chain or Procurement preferred
- 2–5 years of relevant procurement/purchase experience
- Experience in manufacturing, construction, engineering or commercial procurement preferred
Preferred Software Knowledge
- SAP / ERP
- Tally
- MS Excel (VLOOKUP, Pivot Table)
- Procurement Management Systems
KPIs / Performance Metrics
- Cost savings achieved
- On-time procurement
- Vendor performance
- Purchase cycle time
- Inventory optimization
- Compliance and documentation accuracy
Pay: ₹25,000.00 - ₹30,000.00 per month
Benefits:
Work Location: In person