Purchase Executive

Job Responsibilities

Vendor Management

• Identify, evaluate, and negotiate with suppliers for best pricing, quality, and delivery terms.
• Maintain strong relationships with vendors and resolve supply issues.

Procurement Planning

• Develop and implement purchasing strategies aligned with company objectives.
• Forecast demand and plan procurement to ensure timely availability of materials.

Cost Control

• Monitor and analyze purchasing budgets.
• Implement cost-saving initiatives without compromising quality.

Inventory Management

• Coordinate with inventory and warehouse teams to manage stock levels.
• Prevent overstocking or stockouts through effective planning.

Purchase Order Management

• Prepare and process purchase orders in line with company policies.
• Ensure timely delivery of goods; follow up on delays or discrepancies.

Quality Assurance

• Ensure all procured items meet required quality standards.
• Manage defective goods and arrange replacements/refunds.

Documentation & Compliance

• Maintain accurate records of purchases, pricing, invoices, and delivery notes.
• Ensure compliance with procurement policies and legal regulations.

Reporting

• Generate regular reports on procurement status, supplier performance, and market trends.

Team Coordination

• Collaborate with finance, production, and logistics teams for smooth operations.

Job Requirements

Education

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• MBA or certification in procurement/supply chain (e.g., CSCP, CPM) is a plus.

Experience

• Minimum 2–3 years of experience in a purchasing or procurement role.
• Industry-specific experience preferred.

Skills

• Strong negotiation & communication skills.
• Analytical and problem-solving abilities.
• Proficient in procurement software and MS Office.
• Knowledge of sourcing and procurement techniques.

Other Qualities

• High attention to detail and accuracy.
• Strong organizational & time management skills.
• Ability to work under pressure and meet deadlines.

Salary

₹20,000 – ₹25,000 per month (based on experience & skillset)

Job Type: Full-time

Pay: ₹20,000.00 - ₹25,000.00 per month