Purchase Executive

Job Summary

The Purchase Executive is responsible for sourcing, negotiating, and purchasing goods and services required by the company while ensuring quality, cost-effectiveness, and timely delivery.

Key Responsibilities

• Identify, evaluate, and develop reliable vendors and suppliers
• Obtain quotations, compare prices, and negotiate best terms
• Prepare and issue Purchase Orders (POs) as per company policy
• Ensure timely delivery of materials and follow up with suppliers
• Maintain purchase records, invoices, and supplier documentation
• Coordinate with accounts, stores, and production departments
• Monitor stock levels and assist in inventory planning
• Ensure compliance with company policies and procurement procedures
• Handle vendor payments coordination and resolve discrepancies
• Support audits by providing required purchase-related documents

Required Skills & Competencies

• Strong negotiation and communication skills
• Knowledge of procurement processes and vendor management
• Good documentation and record-keeping skills
• Proficiency in MS Excel, ERP, or Purchase software
• Ability to manage multiple vendors and deadlines

Educational Qualification

• Bachelor’s degree in Commerce, Business Administration, or related field
• Diploma or certification in Supply Chain / Purchase is an added advantage

Experience

• 1–2 years of experience in purchase/procurement

Key Performance Indicators (KPIs)

• Cost savings achieved
• Timely procurement and delivery
• Vendor performance and compliance
• Accuracy of purchase documentation

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹35,149.17 per month

Benefits:

• Provident Fund

Work Location: In person