Store & Purchase Executive

Job Summary

The Stores & Purchase Executive is responsible for managing inventory, coordinating procurement activities, ensuring timely availability of materials, maintaining accurate records, and supporting cost-effective purchasing operations in compliance with company policies.

Key ResponsibilitiesStores Responsibilities

• Receive, inspect, and verify incoming materials against purchase orders and delivery challans.
• Maintain proper storage, identification, and preservation of materials.
• Issue materials to production and other departments as per authorized requisitions.
• Maintain accurate stock records in ERP / manual registers.
• Conduct periodic stock verification and reconcile physical stock with records.
• Monitor minimum, maximum, and reorder levels to avoid shortages or excess inventory.
• Ensure FIFO / FEFO practices are followed.
• Maintain housekeeping and safety standards in the store.

Purchase Responsibilities

• Prepare purchase requisitions based on requirements from departments and inventory levels.
• Obtain quotations, prepare comparative statements, and support vendor evaluation.
• Issue purchase orders after obtaining necessary approvals.
• Follow up with vendors for timely delivery of materials.
• Coordinate with accounts for invoice verification and payment processing.
• Maintain vendor records and purchase documentation.
• Support cost reduction and vendor development initiatives Skills & Competencies
• Knowledge of inventory control and procurement processes.

Key Performance Indicators (KPIs)

• Inventory accuracy and stock availability
• Timely procurement and material delivery
• Cost savings and vendor performance
• Compliance with audit and documentation requirements
• Familiarity with ERP systems (Tally / SAP / Oracle preferred).
• Strong documentation and record-keeping skills.
• Good negotiation and communication skills.
• Proficiency in MS Excel and MS Office.
• Ability to work independently and under pressure.
• Required Qualifications
• Diploma / Bachelor’s degree in Commerce, Engineering, or Supply Chain Management.
• 2–5 years of experience in Stores & Purchase functions (manufacturing preferred).

Job Types: Full-time, Permanent

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

Benefits:

• Food provided
• Health insurance
• Leave encashment
• Provident Fund

Work Location: In person