The Purchase Executive is responsible for sourcing, negotiating, and purchasing materials, products, and services required by the organization. The role ensures cost efficiency, timely delivery, quality compliance, and strong vendor relationships.
Key Responsibilities
- Identify, evaluate, and select suppliers based on price, quality, and delivery timelines
- Negotiate contracts, pricing, and payment terms with vendors
- Prepare and process purchase orders and maintain accurate procurement records
- Monitor inventory levels and ensure timely replenishment of materials
- Coordinate with production, warehouse, and finance departments
- Track order status and ensure on-time delivery of goods
- Resolve supplier issues related to quality, shortages, or delays
- Ensure compliance with company policies and procurement procedures
- Maintain vendor databases and performance reports
- Assist in cost reduction and process improvement initiatives
Required Qualifications
- Bachelor’s degree in Business Administration, Supply Chain, or a related field
- Proven experience as a Purchase Executive or similar role
- Strong negotiation and communication skills
- Knowledge of procurement processes and inventory management
- Proficiency in MS Excel and ERP systems
- Ability to analyze market trends and pricing
Skills & Competencies
- Vendor management
- Cost analysis and budgeting
- Attention to detail
- Time management
- Problem-solving skills
- Team coordination
Preferred Experience
- Experience in manufacturing, retail, or construction industries
- Familiarity with local and international sourcing
Job Types: Full-time, Part-time, Permanent, Fresher
Pay: ₹15,000.00 - ₹20,000.00 per month
Work Location: In person