Executive / Senior Executive / Asst. Manager - Purchase

Arce Polymers; Hyderabad; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Arce Polymers in Hyderabad seeks an Executive / Senior Executive / Assistant Manager Purchase to lead procurement for production. You will plan materials, release POs, coordinate with suppliers, and ensure timely delivery while optimizing cost.

You'll work with finance on payments, maintain supplier ratings, monitor inventory with stores and planning teams, and ensure GST and e-way bill compliance.

Qualifications

• 5–7 years of procurement or purchasing experience.
• Knowledge of plastic materials and related procurement processes.
• Familiarity with tax regulations and ERP systems (SAP).

Responsibilities

• Develop material procurement plans based on production indents.
• Release purchase orders against approved PRs and follow approvals.
• Monitor order progress and ensure timely delivery of materials.
• Coordinate with the Finance team on vendor payments to avoid supply delays.
• Maintain supplier ratings and periodically evaluate suppliers for quality.

Skills

Knowledge of plastic materials

Tax regulations knowledge

Procurement data analysis

Education

Any Graduate

Tools

SAP

MS Excel

Job description

Role & responsibilities

The Executive / Senior Executive /Asst. Manager Purchase is responsible for managing all procurement activities to ensure the timely and cost-effective acquisition of materials required for production. This role involves coordinating with various departments to align procurement with production needs, developing and maintaining relationships with suppliers, and ensuring compliance with company policies and regulations.

Key Responsibilities:

• Develop material procurement plans based on production indents.
• Ensure materials are procured in a timely and cost-effective manner to support production schedules.
• Release purchase orders to suppliers only against approved purchase requests (PRs) raised by the respective user departments, and following approval from the approval authorities. Purchase does not raise PRs.
• Monitor order progress and ensure timely delivery of materials.
• Review pending purchase orders every month and close, in the ERP system, orders that are no longer required.
• Identify and develop new suppliers and subcontractors to enhance the supplier base.
• Conduct regular evaluations of subcontractors and other suppliers to ensure quality and reliability.
• Maintain effective communication with suppliers to manage relationships and resolve issues.
• Coordinate with suppliers to arrange timely procurement and delivery of raw materials.
• Coordinate with the Finance team on vendor payments (import and local) so that supplies are not held back due to pending payments, and follow up on vendor payment queries.
• Implement and manage a supplier rating system to assess and improve supplier performance.
• Regularly review supplier ratings and take corrective actions as necessary.
• Collaborate with the store department to ensure optimal inventory levels.
• Implement strategies to minimize inventory costs while ensuring material availability.
• Coordinate with the stores team for timely goods receipt (GR) and unloading; GR is to be carried out by the stores/warehouse team.
• Work with the planning team on monthly reviews of slow-moving and excess raw material, and prepare liquidation plans where required.
• Ensure compliance with GST, e-way bill and other applicable tax regulations (including C forms, where applicable).
• Maintain accurate procurement records and documentation.
• Use the ERP system for PR-to-PO processing, and keep material and vendor master data (descriptions, vendor details) accurate.
• Carry out periodic spend analysis by vendor and category, and share trends and savings opportunities with management.
• Manage the sale/disposal of scrap to approved buyers in line with company policy and documented procedure.
• Work closely with production, quality, store, and maintenance departments to align procurement activities with overall business needs.
• Support other departments in resolving material-related issues.

Preferred candidate profile

• Any Graduate (preferably in Business, Supply Chain Management, or a related field).
• 5 to 7 years in procurement or purchasing, preferably within the plastics industry.
• Knowledge of plastic materials and related procurement processes.
• Familiarity with tax regulations.
• Working knowledge of ERP systems (SAP preferred) and MS Excel for procurement data analysis.