Purchase Executive

Key ResponsibilitiesPurchase Activities:

• Identify, evaluate, and select reliable suppliers/vendors.
• Prepare and issue purchase orders as per requirements.
• Negotiate rates, terms, and delivery schedules with suppliers.
• Ensure timely procurement of raw materials, consumables, spare parts, and other items.
• Maintain purchase records, agreements, and vendor database.
• Follow up with vendors for timely delivery and resolve discrepancies in orders.
• Monitor market trends, alternative materials, and pricing for cost control.

Store & Inventory Management:

• Maintain proper records of receipts, issues, and stock balances.
• Ensure timely inward/outward entry of materials in ERP/manual registers.
• Conduct regular physical stock verification and reconcile with system records.
• Implement FIFO/FEFO system to reduce wastage and obsolescence.
• Ensure safe storage of materials with proper labeling, stacking, and housekeeping.
• Monitor minimum/maximum stock levels and raise requisitions accordingly.
• Coordinate with Production/Quality departments for material availability and usage.

Compliance & Coordination:

• Ensure adherence to company purchase policies and statutory requirements.
• Coordinate with Accounts for supplier payments and invoice reconciliation.
• Prepare MIS reports related to purchase, stock, and consumption.
• Support internal and external audits related to purchase & stores.

Skills & Competencies:

• Strong negotiation and communication skills.
• Knowledge of purchase processes, vendor management, and inventory control.
• Familiarity with Tally.
• Analytical and problem-solving skills.
• Attention to detail and accuracy.
• Team player with multitasking ability.

Qualification & Experience:

• Graduate Commerce.

Key Performance Indicators (KPIs):

• Cost savings achieved through effective negotiations.
• On-time procurement and supplier delivery performance.
• Accuracy of inventory records vs. physical stock.
• Compliance with purchase policies and audit requirements.
• Reduction in material wastage and stock-outs.

Job Types: Full-time, Permanent, Fresher

Pay: ₹15,000.00 - ₹20,000.00 per month

Benefits:

• Health insurance
• Paid sick time
• Provident Fund

Work Location: In person