Purchase Executive

• Supplier Management: Identifying, evaluating, and selecting suppliers based on quality, cost, delivery reliability, and technical capability.
• Vendor Development: Developing new, reliable vendors for raw materials and specialized subcontracting services (e.g., heat treatment, plating, toolings, machines).
• Procurement Process: Handling end-to-end purchasing, including generating Purchase Requisitions (PRs), converting them into Purchase Orders (POs), and ensuring timely delivery.
• Cost Optimization: Negotiating with vendors to achieve competitive pricing, reducing procurement costs without sacrificing quality, and monitoring price variances.
• Technical Compliance: Reviewing engineering drawings and specifications to ensure procured fasteners meet technical requirements.
• Inventory Control: Managing inventory levels, implementing JIT (Just-In-Time) practices where possible, and coordinating with stores for replenishment to avoid stock-outs.
• Quality Assurance: Collaborating with quality control teams to address, document, and resolve supplier non-conformance issues.

Required Skills and Qualifications

• Technical Background: A Bachelor’s degree or Diploma in Mechanical Engineering, Production Engineering, or a related field is typically required.
• Experience: 6 -12 month of experience in purchasing, preferably within a manufacturing environment, specifically fastener manufacturing freshers are also invited.
• Material Knowledge: In-depth understanding of engineering materials, particularly steel grades, fastener types, and coating processes.
• Software Proficiency: Experience with ERP systems (e.g., SAP MM, Tally) and MS Office (Excel) for data analysis and reporting.
• Negotiation Skills: Strong abilities in negotiating contracts, payment terms, and delivery schedules.
• Drawing Interpretation: Capability to read and understand technical drawings and specifications.

Key Performance Indicators (KPIs)

• Cost savings achieved through negotiation.
• Supplier quality rating (minimizing rejections).
• On-time delivery rate.
• Inventory turnover and stock level accuracy.

Job Types: Full-time, Permanent

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

Application Question(s):

• Are you BE / B. Tech ( Mechanical / Production ) ?

Work Location: In person