Purchase Executive

Nibav Lifts; Sriperumbudur; On-site; INR 600,000 - 800,000; Full time

Job summary

Nibav Lifts in Sriperumbudur, Tamil Nadu, is seeking a procurement professional to manage end-to-end purchasing of raw materials and lift components to support production.

You will identify new vendors, obtain quotations, negotiate terms, issue POs, and coordinate with Production, Planning, Stores, Quality and Engineering to ensure on-time delivery and adherence to quality standards.

Qualifications

• Must have experience in end-to-end procurement for raw materials, components, and engineering items.
• Strong vendor development and negotiation skills with focus on cost, delivery and quality.
• Ability to coordinate with Production, Planning, Stores, Quality and Engineering teams.

Responsibilities

• Handle end-to-end procurement of raw materials, components, consumables and engineering items as per production requirements.
• Procure sheet metal, aluminium, MS/SS materials, hardware, electrical components, fasteners and other lift components.
• Identify, evaluate and develop new vendors based on quality, cost, delivery and technical capability.
• Obtain and compare quotations, negotiate prices and commercial terms with suppliers.
• Prepare and release Purchase Orders as per approved requirements.
• Coordinate with Production, Planning, Stores, Quality and Engineering teams to understand material requirements.
• Follow up with vendors for on-time delivery and ensure materials are received as per committed schedules.
• Monitor pending POs, material shortages, delayed supplies and urgent procurement requirements.
• Coordinate with Quality and Stores teams for incoming material inspection and rejection handling.
• Negotiate price, credit terms, lead time, transportation and other commercial conditions with vendors.
• Maintain proper vendor records, quotations, comparative statements, POs and procurement documentation.
• Support cost reduction and vendor development initiatives through price benchmarking and alternate sourcing.
• Coordinate with vendors regarding quality issues, replacement, rejection, shortage and corrective actions.
• Verify invoices, delivery challans, PO details and material quantities in coordination with Accounts and Stores.
• Maintain purchase MIS and vendor performance reports covering cost, quality and delivery.
• Monitor market prices and identify opportunities for alternate materials and cost-effective sourcing.
• Ensure procurement activities comply with company policies, approval procedures and required quality standards.

Skills

Procurement

Vendor management

Negotiation

Purchase orders

Material planning

Vendor development

Quality coordination

Cost reduction

Job description

• Handle end-to-end procurement of raw materials, components, consumables and engineering items as per production requirements.


• Procure sheet metal, aluminium, MS/SS materials, hardware, electrical components, fasteners and other lift components.


• Identify, evaluate and develop new vendors based on quality, cost, delivery and technical capability.


• Obtain and compare quotations, negotiate prices and commercial terms with suppliers.


• Prepare and release Purchase Orders (POs) as per approved requirements.


• Coordinate with Production, Planning, Stores, Quality and Engineering teams to understand material requirements.


• Follow up with vendors for on-time delivery and ensure materials are received as per committed schedules.


• Monitor pending POs, material shortages, delayed supplies and urgent procurement requirements.


• Coordinate with Quality and Stores teams for incoming material inspection and rejection handling.


• Negotiate price, credit terms, lead time, transportation and other commercial conditions with vendors.


• Maintain proper vendor records, quotations, comparative statements, POs and procurement documentation.


• Support cost reduction and vendor development initiatives through price benchmarking and alternate sourcing.


• Coordinate with vendors regarding quality issues, replacement, rejection, shortage and corrective actions.


• Verify invoices, delivery challans, PO details and material quantities in coordination with Accounts and Stores.


• Maintain purchase MIS and vendor performance reports covering cost, quality and delivery.


• Monitor market prices and identify opportunities for alternate materials and cost-effective sourcing.


• Ensure procurement activities comply with company policies, approval procedures and required quality standards.