Purchase Executive

Role Summary

The Purchase Manager will be responsible for managing procurement operations, identifying reliable vendors, negotiating prices, maintaining optimal inventory levels, and ensuring cost-effective purchasing for the organization. The role requires strong negotiation skills, analytical thinking, and vendor management expertise.

Key Responsibilities1. Procurement & Purchasing

• Identify, evaluate, and select suppliers based on quality, price, delivery timelines, and service.
• Create purchase orders and ensure timely procurement of materials, goods, and services.
• Manage local and international sourcing depending on requirements.
• Maintain optimal stock levels to avoid shortages or overstocking.

Vendor & Supplier Management

• Establish and maintain strong relationships with vendors.
• Conduct regular vendor performance reviews.
• Ensure timely delivery and handle escalations related to delays or quality issues.

Negotiation & Cost Management

• Negotiate pricing, credit terms, delivery schedules, and contracts.
• Analyze costs and create strategies for cost reduction without compromising quality.
• Compare quotations and prepare cost analysis reports.

Inventory & Stock Coordination

• Work closely with store, warehouse, and production teams to track inventory levels.
• Monitor consumption patterns and forecast purchase requirements.
• Oversee GRN (Goods Receipt Notes) and ensure accurate documentation.

Documentation & Reporting

• Maintain accurate records of purchases, vendor contracts, invoices, and delivery notes.
• Prepare weekly/monthly purchase reports for management.
• Ensure compliance with company purchasing policies & statutory requirements.

Coordination

• Collaborate with finance to ensure timely vendor payments.
• Coordinate with quality teams for material inspection and approvals.
• Work with logistics teams for shipping, transport, and delivery tracking.

Skills & Qualifications

• Bachelor’s degree in Supply Chain, Business Administration, or relevant field.
• 3–8 years of experience in purchasing or procurement roles.
• Strong negotiation and communication skills.
• Good knowledge of supply chain, vendor management, and inventory management.
• Proficiency in MS Excel, ERP systems, and procurement software.
• Analytical, detail-oriented, and result-driven.
• Ability to work under pressure and meet deadlines.

Job Type: Full-time

Pay: ₹18,000.00 - ₹25,000.00 per month

Work Location: In person