Purchase Executive

Role & responsibilities

• Sourcing & Vendor Management: Identify, evaluate, and onboard new vendors for technical supplies and raw materials. Maintain updated vendor records and evaluate performance based on cost, quality, and delivery timelines.
• RFQ & Commercial Negotiation: Prepare Requests for Quotation (RFQs), analyze technical and commercial bids, compare quotes, and negotiate prices and payment terms to achieve cost savings.
• Purchase Order Management: Issue Purchase Orders (POs) accurately according to engineering specifications, track order acknowledgments, and ensure timely material delivery.
• Technical Coordination: Review technical datasheets, engineering drawings, and specifications with internal design or production teams before placing orders.
• Inventory & Logistics Tracking: Coordinate with store teams, logistics providers, and vendors to resolve lead-time issues, delivery delays, or rejected incoming materials.
• Documentation & Compliance: Maintain purchasing logs, update ERP system entries (e.g., SAP, Oracle, Tally), and process invoices for accounting and payment approvals.

Preferred candidate profile

• Technical Know-How - Ability to read engineering drawings, datasheets, and technical specifications
• Software Proficiency - ERP systems (SAP MM, Oracle, or Tally) and MS Excel
• Core Competencies - Commercial negotiation, vendor assessment, inventory management
• Soft Skills - Strong communication, dispute resolution, and time management