Purchase Executive

Job Description: Purchase Executive

Job Title: Purchase Executive

Department: Purchase / Procurement

Reporting To: Purchase Manager / Department Head

Experience: 13 Years (Preferred)

Employment Type: Full-Time

Job Summary

We are looking for a detail-oriented and proactive Purchase Executive to manage purchasing activities, coordinate with suppliers, negotiate prices, and ensure the timely procurement of materials as per company requirements.

Key Responsibilities

Handle day-to-day purchasing activities and procurement of materials.

Identify, evaluate, and develop new suppliers and vendors.

Obtain quotations from suppliers and compare prices, quality, and delivery timelines.

Negotiate prices, payment terms, and delivery schedules with vendors.

Prepare and issue Purchase Orders (POs) as per approved requirements.

Follow up with suppliers to ensure timely delivery of materials.

Coordinate with the stores, production, accounts, and other departments regarding material requirements.

Maintain purchase records, vendor details, quotations, and purchase orders.

Monitor inventory levels and coordinate for timely replenishment of stock.

Ensure that purchased materials meet the required quality standards.

Resolve issues related to delayed deliveries, material shortages, and supplier discrepancies.

Verify supplier invoices and coordinate with the accounts department for payment processing.

Maintain proper documentation of all purchasing activities.

Work towards cost reduction and improved procurement efficiency.

Required Qualifications

Graduate in any discipline; a degree or diploma in Supply Chain Management, Commerce, or a related field is preferred.

13 years of experience in purchasing or procurement.

Knowledge of vendor management and purchase order processing.

Proficiency in MS Excel and MS Office.

Knowledge of ERP or inventory management software is an added advantage.

Required Skills

Negotiation and communication skills.

Vendor management and coordination.

Analytical and problem-solving abilities.

Good planning and organizational skills.

Attention to detail and accuracy.

Ability to manage multiple tasks and meet deadlines.

Teamwork and coordination skills.

Key Performance Indicators (KPIs)

Timely procurement and delivery of materials.

Cost savings achieved through negotiation.

Supplier performance and quality compliance.

Accuracy of purchase orders and documentation.

Reduction in procurement costs and material shortages.

Work Location: Office no 65 , 6 th floor bussiness bay mumbai naka nashik 422002

Salary: As per company norms

Working Days: As per company policy