Walk-in | Purchase Executive

Abet Technology; Pune District; On-site; INR 420,000 - 660,000; Full time

Job summary

Abet Technology in Pune is seeking a Purchase Executive to manage procurement of raw materials, electronics, hardware and services for software and kiosk manufacturing. The role focuses on vendor development, price negotiation, PO management and inventory coordination.

The ideal candidate will ensure timely materials, quality, cost efficiency, and adherence to budgets, with 2–5 years in procurement and familiarity with manufacturing supply chains.

Qualifications

• Bachelor's degree in commerce, SCM, or related field.
• 2–5 years of procurement or supply chain experience.
• Experience in manufacturing electronics or kiosk procurement preferred.

Responsibilities

• Source and procure materials and services as per company requirements.
• Prepare and issue Purchase Orders (POs) to approved vendors.
• Coordinate procurement with production, stores, and finance teams.
• Analyze quotations and identify cost-saving opportunities.
• Maintain procurement records and ensure policy compliance.
• Track shipments and ensure on-time deliveries.

Skills

Procurement

Vendor management

Negotiation

Inventory coordination

Documentation

Cost control

Logistics coordination

Education

Bachelor's degree in Commerce / SCM / Business Administration

Job description

Job Summary

The Purchase Executive will be responsible for managing the procurement of raw materials, electronic components, hardware, mechanical parts, consumables, and services required for software and kiosk manufacturing operations. The role involves vendor development, price negotiation, purchase order management, inventory coordination, and ensuring timely availability of materials while maintaining quality and cost efficiency.

Key Responsibilities

Procurement & Purchasing

• Source and procure materials, components, and services as per company requirements.
• Prepare and issue Purchase Orders (POs) to approved vendors.
• Ensure timely procurement of materials to avoid production or project delays.
• Monitor order status and coordinate deliveries with suppliers.

Vendor Management

• Identify, evaluate, and onboard new vendors and suppliers.
• Maintain strong relationships with existing vendors.
• Negotiate pricing, payment terms, and delivery schedules to achieve cost savings.
• Conduct periodic vendor performance evaluations.

Inventory & Coordination

• Coordinate with Production, Stores, Finance, and Project teams for procurement planning.
• Monitor inventory levels and initiate purchases based on stock requirements.
• Ensure optimum inventory levels while minimizing excess stock.

Cost Control & Analysis

• Compare quotations and prepare comparative statements (CS).
• Analyze purchasing trends and identify cost reduction opportunities.
• Ensure procurement activities are conducted within approved budgets.

Documentation & Compliance

• Maintain accurate procurement records, purchase orders, quotations, invoices, and vendor documents.
• Ensure compliance with company procurement policies and procedures.
• Coordinate with Finance for timely invoice verification and vendor payments.

Logistics & Follow-up

• Track shipments and delivery schedules.
• Resolve supplier-related issues regarding quality, quantity, and delivery timelines.
• Follow up with vendors to ensure committed delivery dates are met.

Required Qualifications

• Bachelor's Degree in Commerce, Supply Chain Management, Business Administration, Engineering, or a related field.
• 2-5 years of experience in procurement, purchasing, or supply chain management.
• Experience in manufacturing, electronics, hardware procurement, or kiosk manufacturing will be preferred

Key Performance Indicators (KPIs)

• Cost savings achieved through negotiations.
• On-time procurement and delivery rate.
• Vendor performance and reliability.
• Inventory optimization and stock availability.
• Purchase order processing accuracy.
• Procurement cycle time reduction.

Compensation & Benefits

• Competitive salary based on experience and qualifications.
• Performance-based incentives.
• Opportunities for learning and career growth.
• Collaborative and technology-driven work environment.