Job Description

Job Title

Purchase Executive

Job Summary

The Purchase Executive is responsible for managing the procurement of goods and services required by the organization. This role involves sourcing suppliers, negotiating terms, placing purchase orders, coordinating with internal teams, and ensuring timely delivery -- all while optimizing cost and maintaining quality.

Key Responsibilities

Supplier Management & Sourcing

Identify, evaluate and onboard new suppliers/vendors. Spectra | Empowering Smarter Workplaces+2iScalePro+2 Negotiate pricing, payment terms, delivery schedules, and contracts. iScalePro+1 Maintain and nurture long-term relationships with suppliers to secure favorable conditions. iScalePro Monitor supplier performance (quality, delivery, reliability) and take corrective actions when required. iScalePro

Purchase Order / Procurement Process

Receive and review purchase requisitions from different departments. EMH Crane & Components+1 Create and issue accurate Purchase Orders (PO) as per requirements. optiBPO+1 Track POs -- follow up with suppliers for delivery timelines and expedite orders if needed. optiBPO+1 Coordinate with internal stakeholders (finance/accounts, stores, operations) to ensure smooth procurement flow. EMH Crane & Components Handle documentation -- maintain purchase records, invoices, delivery notes, and vendor contracts. iScalePro+1

Inventory & Material Management

Monitor stock levels and trigger purchase when minimum thresholds are reached. iScalePro Coordinate with stores/warehouse teams to ensure receipt, inspection, and acceptance of goods. optiBPO Work with internal teams (production, operations) to forecast material requirements and plan procurement accordingly. iScalePro

Cost Control & Budgeting

Analyze market trends, supplier pricing, and costs to obtain the best value. Indus Group+1 Implement cost-saving strategies: bulk purchase, alternate vendors, negotiation, etc. iScalePro Prepare and maintain procurement budgets, forecasts, and spend reports. VelvetJobs

Quality Assurance

Ensure that procured goods meet company quality standards. iScalePro Work with quality control (QC) or inspection teams to inspect goods on arrival. iScalePro Manage returns, replacements, or rework in case of defective materials. EMH Crane & Components

Compliance & Process Improvement

Ensure procurement activities comply with company policy, relevant laws, and ethical standards. Indus Group+1 Participate in continuous improvement initiatives to streamline the purchasing process. optiBPO+1 Maintain and update supplier databases, performance metrics (KPIs), and benchmarking reports. VelvetJobs
Skills & Qualifications

Bachelor's degree in Business Administration, engineering, Supply Chain Management, Commerce, or related field. Indus Group+1 Prior experience (1-3 years or more) in procurement, purchasing, or supply chain. Spectra | Empowering Smarter Workplaces+1 Strong negotiation skills and the ability to evaluate vendor proposals effectively. iScalePro Excellent communication and interpersonal skills. Adzuna Proficiency in MS Office (especially Excel); experience with ERP/procurement systems is highly desirable. EMH Crane & Components+1 Analytical mindset, attention to detail, and strong organizational skills. iScalePro Ability to work independently and make decisions under pressure. VelvetJobs
Working Conditions

Full-time position. Interaction with suppliers (locally and potentially pan-India) and cross-functional internal teams. May involve travel (for vendor visits, procurement meetings) depending on company needs. Expected to meet procurement targets, cost-savings goals, and delivery timelines.
Performance Metrics / KPIs (Examples)

On-time delivery rate of Purchase Orders Cost savings achieved against benchmarks Supplier defect / rejection rate Inventory turnover or stock-out frequency Procurement cycle time (from requisition to PO to delivery)
Job Types: Full-time, Permanent

Pay: ?10,418.81 - ?20,000.00 per month

Benefits:

Flexible schedule Health insurance Leave encashment Paid sick time Paid time off Provident Fund
Work Location: In person