Purchase Executive

Herc Material Handling LLP; Pune District; On-site; INR 300,000 - 540,000; Full time

Job summary

Herc Material Handling LLP seeks a detail-oriented Junior Purchase Executive to join the procurement team in Pune. The role supports senior staff by researching suppliers, obtaining quotes, negotiating pricing, and ensuring timely delivery of goods and services.

You will prepare purchase orders, coordinate with suppliers, and maintain records while collaborating with inventory management and finance to streamline processes and improve efficiency.

Qualifications

• Bachelor's degree in Engineering is required.
• Experience in procurement or supply chain preferred but entry-level acceptable.

Responsibilities

• Research potential suppliers and products to determine best options for the organization.
• Obtain and compare price quotes from various suppliers to ensure competitive pricing.
• Negotiate prices and contracts with suppliers to secure favorable terms.
• Prepare purchase orders and ensure accuracy of product specs, quantities, and delivery dates.
• Coordinate with suppliers to track order status and ensure timely delivery of goods and services.
• Maintain accurate records of purchases, pricing, and supplier information.

Skills

Procurement

Supplier negotiation

Data analysis

Microsoft Office

Communication

Time management

Independent working

Education

Bachelor's degree in Engineering

Tools

Procurement software

ERP systems

Job description

Job Title: Purchase Executive

Job Summary:

We are seeking a detail-oriented and proactive Junior Purchase Executive to join our procurement team. The ideal candidate will assist in the procurement process by researching suppliers, obtaining quotes, negotiating prices, and ensuring timely delivery of goods and services. The Junior Purchase Executive will work closely with the senior members of the procurement team to streamline processes and contribute to the overall efficiency of the procurement department.

Responsibilities:

• Research potential suppliers and products to determine the best options for the organization's needs.
• Obtain and compare price quotes from various suppliers to ensure competitive pricing.
• Negotiate prices and contracts with suppliers to secure favorable terms and conditions.
• Prepare purchase orders and ensure accuracy of product specifications, quantities, and delivery dates.
• Coordinate with suppliers to track order status and ensure timely delivery of goods and services.
• Maintain accurate records of purchases, pricing, and supplier information.

• Assist in evaluating supplier performance and identifying areas for improvement.
• Collaborate with other departments, such as inventory management and finance, to coordinate procurement activities.
• Stay informed about industry trends, market conditions, and new products to make informed purchasing decisions.

Follow company policies and procedures, as well as legal requirements, related to procurement activities.

• Requirements:
• Bachelors degree in Engineering
• Previous experience in procurement, purchasing, or supply chain management is preferred but not required for entry-level positions.
• Strong analytical and problem-solving skills.
• Excellent communication and negotiation skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Proficiency in Microsoft Office Suite and experience with procurement software is a plus.
• Attention to detail and accuracy in data entry and record-keeping.
• Ability to prioritize tasks and manage time effectively to meet deadlines.
• Willingness to learn and adapt to changing priorities and business needs.

Understanding of procurement best practices and ethical standards.

This job description is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Management may change or reassign duties and responsibilities as necessary.