Purchase & Vendor Executive

Magnanimous Design Minds Pvt. Ltd.

Company Overview

Magnanimous Design Minds Pvt. Ltd.is a leading provider of comprehensive business solutions for small, medium, and large-scale manufacturers. We guide product development from initial concept to final production, incorporating innovative mechanical designs to enhance functionality and market appeal.

Purchase & Vendor Executive

· Start Date: Immediate

· Location: My Design Minds, RZ-16, Third Floor, Mahindra Park, Near Hero Showroom, Uttam Nagar, Delhi (110059)

· Company Website: www.mydesignminds.com

· No. Of Vacancies: 5

· Employment Type: Work from Office (Full-time)

· Stipend: 5,000-10,000 (Depending on skill set)

· Experience: 0-1 Year in 1–2 years of experience in purchase, procurement

· Duration: 6 Months

Roles and Responsibilities:Vendor Management:

• Identify, evaluate, and onboard reliable vendors and suppliers
• Maintain strong working relationships with existing vendors
• Negotiate pricing, payment terms, and delivery timelines
• Evaluate vendor performance regularly and suggest improvements

Procurement & Purchase Operations:

• Receive internal purchase requests and process orders accordingly
• Prepare and issue purchase orders (POs), follow up on deliveries
• Ensure timely procurement of materials, tools, or services needed for operations/projects
• Coordinate with internal teams (design, development, accounts, etc.) to understand purchase needs

Documentation & Compliance:

• Maintain proper records of quotations, purchase orders, invoices, and challans
• Ensure accurate documentation for audits and inventory tracking
• Coordinate with accounts team for timely payments and vendor reconciliation

Cost Optimization:

• Monitor and analyze market trends to get the best value for money
• Suggest alternate suppliers or solutions to reduce procurement costs without compromising on quality

Reporting & Coordination:

• Prepare weekly and monthly reports on purchases, vendor performance, and cost efficiency
• Work closely with project managers and team leads for timely updates on material requirements
• Ensure transparency and regular communication with stakeholders

Requirements:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field
• 1–2 years of experience in purchase, procurement, or vendor management (fresher’s with strong skills may apply)
• Good negotiation and communication skills
• Proficiency in MS Excel, email communication, and basic documentation
• Knowledge of procurement software/tools is a plus
• Ability to multitask and meet tight deadlines

Application Instructions:

Please submit a resume at careers@mydesignminds.com

Contact Person Name: Shristy Singh (HR Executive)

Contact Person Email ID: humanresource.mdm@gmail.com

Job Types: Full-time, Internship

Pay: ₹10,000.00 - ₹15,000.00 per month

Benefits:

• Paid time off

Work Location: In person