Junior Purchase Executive

A Purchase Executive role at our industry typically involves managing the procurement lifecycle from vendor identification to delivery and payment.

Location: Worli ,Mumbai

The core responsibilities include:

Core Responsibilities

• Supplier Management and Negotiation: Identifying, evaluating, and qualifying potential suppliers and vendors (both local and potentially international for materials/components). Negotiating contracts, pricing, and terms to ensure the best value for quality and cost.
• Purchase Order Management: Preparing, processing, and tracking purchase orders and related documentation in compliance with company policies.
• Logistics and Inventory Coordination: Monitoring stock levels, tracking order status, and coordinating delivery schedules with suppliers and internal teams to ensure timely receipt of materials and avoid delays.
• Cost Management and Analysis: Conducting market research to identify cost-saving opportunities and implementing cost reduction initiatives. Analyzing spending patterns and ensuring procurement activities stay within budget.
• Quality Assurance: Ensuring that purchased goods and services meet the required quality standards and specifications, and resolving any issues or discrepancies with suppliers.
• Cross-functional Collaboration: Working closely with various departments (e.g., operations, finance, engineering) to understand procurement needs and align purchasing strategies with organizational objectives.

Key Skills and Qualifications

• Experience: Typically 1+year of experience in procurement or a related field is preferred, especially within a relevant industry like Engineering.Candidates from other fields can also apply.
• Soft Skills: Strong negotiation, analytical, and problem-solving skills are essential. Excellent written and verbal communication abilities for managing vendor relationships and collaborating with internal stakeholders.

Job Type: Full-time

Pay: ₹20,000.00 - ₹30,000.00 per month

Work Location: In person