Purchase Executive

• Job Summary

The Purchase Executive is responsible for sourcing, negotiating, and purchasing materials, products, and services required by the organization. This role ensures timely procurement, cost efficiency, and supplier quality while maintaining proper documentation and compliance with company policies.

1. Procurement & Sourcing

• Identify and evaluate potential suppliers based on price, quality, and delivery capabilities.
• Request and compare quotations to ensure competitive pricing.
• Source materials locally and internationally as required.

2. Negotiatio

• Negotiate terms, pricing, lead times, and contracts with vendors.
• Build strong supplier relationships to ensure long-term cost savings.

3. Purchase Order Management

• Prepare and process purchase orders in the system.
• Track orders and ensure on-time delivery.
• Coordinate with internal departments (production, accounts, warehouse) for requirement updates.

4. Inventory & Material Management

• Maintain optimal inventory levels by monitoring stock movement.
• Work closely with stores/warehouse to prevent shortages or overstock.

5. Vendor Management

• Conduct supplier performance evaluations.
• Resolve any quality, delivery, or payment-related issues with vendors.

6. Documentation & Compliance

• Maintain accurate purchase records, contracts, and documentation.
• Ensure compliance with company procurement policies and audit requirements.

Qualifications & Skills

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• 2–5 years of experience in procurement or purchase operations (industry-specific experience is a plus).
• Strong negotiation and communication skills.
• Knowledge of supply chain procedures and market research.
• Proficiency in MS Office and ERP systems (SAP, Tally, Oracle, etc.).
• Attention to detail and strong analytical abilities.

Key Competencies

• Vendor relationship management
• Cost reduction strategies
• Time management
• Problem-solving
• Team collaboration

Job Type: Full-time

Pay: ₹15,000.00 - ₹25,000.00 per month

Ability to commute/relocate:

• Greater Noida, Uttar Pradesh: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Preferred)

Experience:

• total work: 1 year (Preferred)

Work Location: In person