Purchase Executive

· Sourcing and Evaluation:

Identifying, evaluating, and qualifying vendors for electrical components, control panels, cables, motors, and other relevant items.

· Technical Expertise:

Possessing strong technical knowledge of electrical components and systems used in control panels.

· Negotiation:

Negotiating prices, terms, and delivery schedules with suppliers to achieve cost savings and maintain quality.

· Procurement Process Management:

Managing the entire procurement process, including creating purchase orders, tracking orders, and ensuring timely delivery.

· Quality Assurance:

Ensuring that all purchased materials meet the required quality standards and specifications.

· Inventory Management:

Collaborating with production and stores to maintain optimal inventory levels and prevent shortages.

· Documentation and Record Keeping:

Maintaining accurate records of all procurement activities, including quotations, purchase orders, and supplier information.

· Compliance:

Ensuring compliance with company policies, industry standards, and relevant regulations.

· Collaboration:

Working closely with engineering, production, planning, and other departments to understand their material requirements.

· Market Research:

Conducting market research to stay informed about new technologies, products, and pricing trends.

· Relationship Management:

Building and maintaining strong relationships with suppliers.

· Cost Analysis and Reporting:

Analysing costs, preparing reports, and identifying opportunities for cost reduction.

Required Skills:

· Technical Knowledge: Solid understanding of electrical components, control systems, and relevant industry standards.

· Negotiation Skills: Ability to negotiate effectively with suppliers to achieve favorable terms.

· Communication Skills: Excellent written and verbal communication skills.

· Organizational Skills: Strong organizational and time management skills.

· Problem-Solving Skills: Ability to identify and resolve procurement-related issues.

· Computer Skills: Proficiency in MS Office Suite (especially Excel) and experience with ERP systems.

Job Type: Full-time

Pay: ₹25,000.00 - ₹30,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person