Purchase Executive

Year    MH, IN, India

Job Description

Procurement & Vendor Management



Identify, evaluate, and develop reliable suppliers/vendors for raw materials, consumables, spare parts, and services. Float inquiries, obtain quotations, and negotiate prices, credit terms, and delivery schedules. Prepare comparative statements and finalize purchase orders in line with company policies. Maintain vendor database and develop alternate sources to ensure uninterrupted supply.

2. Material Planning & Control



Coordinate with Production, Stores, and Design teams to understand material requirements. Ensure timely procurement of raw materials, machinery spares, packaging, and consumables as per production schedules. Monitor inventory levels to avoid stock-outs or over-stocking. Support cost reduction initiatives through effective procurement strategies.

3. Compliance & Documentation



Ensure all purchase orders, invoices, and agreements comply with company policies and statutory norms (GST, Excise, Import rules if applicable). Maintain purchase records, vendor contracts, and documentation for audit and ISO/Factory compliance. Support Finance team with reconciliation of vendor accounts and timely payments.

4. Quality & Cost Assurance



Ensure purchased items meet required quality standards and technical specifications. Work closely with the Quality Control team to resolve supplier issues. Track cost trends and contribute to cost-saving initiatives without compromising quality.

5. Coordination & Communication



Liaise between suppliers, internal departments (Production, QC, Stores, Accounts), and management. Escalate critical supply delays, shortages, or quality issues to higher management. Support in vendor performance evaluation and continuous improvement.

6. Additional Responsibilities



Monitor lead times and optimize logistics to reduce procurement cycle time. Assist in import/export procurement (if applicable). Participate in budget preparation and support Capex procurement. Ensure confidentiality and compliance with company procurement policies.
Job Types: Full-time, Permanent

Pay: ₹22,000.00 - ₹35,000.00 per month

Benefits:

Cell phone reimbursement Health insurance Provident Fund
Work Location: In person

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Job Detail

  • Job Id
    JD4120134
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year