Job Description: Purchase Executive
Job Title: Purchase Executive
Department: Purchase / Procurement
Reporting To: Purchase Manager / Department Head
Experience: 13 Years (Preferred)
Employment Type: Full-Time
Job Summary
We are looking for a detail-oriented and proactive Purchase Executive to manage purchasing activities, coordinate with suppliers, negotiate prices, and ensure the timely procurement of materials as per company requirements.
Key Responsibilities
- Handle day-to-day purchasing activities and procurement of materials.
- Identify, evaluate, and develop new suppliers and vendors.
- Obtain quotations from suppliers and compare prices, quality, and delivery timelines.
- Negotiate prices, payment terms, and delivery schedules with vendors.
- Prepare and issue Purchase Orders (POs) as per approved requirements.
- Follow up with suppliers to ensure timely delivery of materials.
- Coordinate with the stores, production, accounts, and other departments regarding material requirements.
- Maintain purchase records, vendor details, quotations, and purchase orders.
- Monitor inventory levels and coordinate for timely replenishment of stock.
- Ensure that purchased materials meet the required quality standards.
- Resolve issues related to delayed deliveries, material shortages, and supplier discrepancies.
- Verify supplier invoices and coordinate with the accounts department for payment processing.
- Maintain proper documentation of all purchasing activities.
- Work towards cost reduction and improved procurement efficiency.
Required Qualifications
- Graduate in any discipline; a degree or diploma in Supply Chain Management, Commerce, or a related field is preferred.
- 13 years of experience in purchasing or procurement.
- Knowledge of vendor management and purchase order processing.
- Proficiency in MS Excel and MS Office.
- Knowledge of ERP or inventory management software is an added advantage.
Required Skills
- Negotiation and communication skills.
- Vendor management and coordination.
- Analytical and problem-solving abilities.
- Good planning and organizational skills.
- Attention to detail and accuracy.
- Ability to manage multiple tasks and meet deadlines.
- Teamwork and coordination skills.
Key Performance Indicators (KPIs)
- Timely procurement and delivery of materials.
- Cost savings achieved through negotiation.
- Supplier performance and quality compliance.
- Accuracy of purchase orders and documentation.
- Reduction in procurement costs and material shortages.
Work Location
Office no 65 , 6 th floor bussiness bay mumbai naka nashik 422002
Salary
As per company norms
Working Days
As per company policy