Purchase Executive

Billtech Electricals; Ghaziabad District; On-site; INR 600,000 - 900,000; Full time

Job summary

Billtech Electricals in Ghaziabad seeks a procurement professional to organize and plan a purchasing function, ensuring timely procurement to avoid line stoppages. You will monitor market trends and manage supplier databases to support business decisions.

Strong negotiation, contract management and MS Office skills are essential. The role emphasizes cost reduction, optimal inventory management, and adherence to legal requirements while building strong vendor relationships and driving value

Qualifications

• Vendor development experience with supplier management.
• Knowledge of procurement and vendor development trends.
• Proactive and able to work under pressure.
• Strong negotiation and contract management skills.
• Excellent written and verbal communication.

Responsibilities

• Organize and plan an effective purchasing function.
• Procure materials, products and services to ensure production continuity.
• Forecast price changes by monitoring metal trading rates.
• Secure best prices through competitive supplier selection.
• Inform management on market trends related to materials and vendors.
• Maintain a supplier and pricing database for decision making.
• Vendor selection, development and monitoring.
• Finalize price and contract terms.
• Read drawings and understand product costing.
• Adhere to purchasing principles and legal/tax requirements.
• Manage department goals: cost reduction and inventory optimization.
• Establish just-in-time programs as directed.

Skills

Vendor development

Negotiation

Contract management

Supplier relationship

Communication

MS Office

Reading drawings

Tools

MS Office

Job description

Job Responsibilities:-

• 1. Organize and plan an effective purchasing function.
• 2. Responsible for timely procurement of all materials, products and services required for the production and ensure no line stoppages.
• 3. Forecast price change activity by monitoring international and national metal trading rates.
• 4. Create a competitive atmosphere for purchase of materials and services so as to get the best price.
• 5. Keep management informed of current market trends related to material availability, cost, new materials and vendors.
• 6. To create and maintain a data base of suppliers, material, pricing, bid prices etc. for the support of Business Decision Making
• 7. Vendor selection, Development & Monitoring.
• 8. Price /Contract terms finalization.
• 9. Should have exposure to product costing and abilty to read drawings.
• 10. Adhere to purchase principles and legal / taxation requirements.
• 11. Manage departmental goals and objectives e.g. cost reduction targets, optimal inventory management.
• 12. Establish just in time” programs in line with management directions.

Skills/Knowledge desired

• 1. Should have done at least 4 years of Vendor development and is preffered.
• 2. Knowledge of the industry from the viewpoint of Procurement and Vendor Development is necessary.
• 3. Should have exposure to current trends in vendor development , sourcing , platforms and technology related to Procurement and Supply Chain
• 4. Excellent interpersonal skills and ability to build sound relationships , Ability to get work done from Supplier , Team and other departments
• 5. Ability to work under intense pressure. Sound temperament.
• 6. Proactive in nature , should seek and analysis opportunities
• 7. Working knowledge Of Computer , proficiency in MS Office Must
• 8. Strong Communication - Verbal as well as Written
• 9. Strong Negotiation & Contract management Skills
• 10. Impeccable track record of honesty and integrity is essential.