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Neev Biochem Private Limited

Job Title: Purchase ExecutiveExperience: 6+ Years Industry: Oil &amp; Refinery / Petrochemicals Location: [Insert Location] Department: Procurement / Supply Chain Reports To: Procurement Manager / Supply Chain Head Employment Type: Full-timeJob SummaryWe are seeking an experienced Purchase Executive with 6+ years of proven expertise in oil and refinery procurement processes. The ideal candidate will be responsible for sourcing, negotiating, and purchasing materials, equipment, and services essential for operations. A strong understanding of vendor management, industry-specific materials, and cost control is essential.Key Responsibilities:<ul><li>Procurement &amp; Sourcing:</li><li>Identify and source reliable suppliers for equipment, spare parts, and consumables related to refinery and oil operations.</li><li>Float RFQs/RFPs and analyze quotations to ensure competitiveness and quality.</li><li>Vendor Management:</li><li>Develop and maintain relationships with approved vendors and contractors.</li><li>Evaluate supplier performance and ensure compliance with contractual terms and safety standards.</li><li>Purchase Order Management:</li><li>Issue purchase orders (POs) in alignment with company policies and project requirements.</li><li>Monitor delivery timelines and expedite orders as required.</li><li>Inventory Coordination:</li><li>Work closely with stores and inventory teams to align procurement with inventory levels.</li><li>Minimize stockouts and overstock situations.</li><li>Cost Control &amp; Budgeting:</li><li>Monitor market trends, pricing strategies, and cost-saving opportunities.</li><li>Assist in budgeting and forecasting procurement costs for projects and operations.</li><li>Compliance &amp; Documentation:</li><li>Ensure all purchases comply with internal policies, quality standards, and legal requirements.</li><li>Maintain accurate records of purchases, contracts, and supplier evaluations.</li><li>Cross-functional Collaboration:</li><li>Liaise with the engineering, operations, and maintenance teams to understand technical specifications.</li><li>Support project procurement as per timelines and material take-off (MTO) schedules.</li></ul>Required Qualifications:<ul><li>Bachelor&rsquo;s degree in Mechanical Engineering, Supply Chain, Commerce, or related fields.</li></ul>(PG in Materials Management or MBA in Supply Chain is a plus.)<ul><li>Minimum 6 years of relevant experience in procurement within the oil, gas, or refinery industry.</li><li>Strong knowledge of procurement lifecycle, import/export regulations, INCOTERMS, and HS codes.</li><li>Proficiency in ERP systems like SAP/MM, Oracle, or similar platforms.</li><li>Solid negotiation, analytical, and communication skills.</li></ul>Job Type: Full-timePay: &#8377;15,000.00 - &#8377;45,000.00 per monthBenefits:<ul><li>Health insurance</li><li>Leave encashment</li><li>Provident Fund</li></ul>

Purchase Executive

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Neev Biochem Private Limited

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Purchase Executive