Purchase Executive

Year    MH, IN, India

Job Description

Key ResponsibilitiesPurchase Activities:



Identify, evaluate, and select reliable suppliers/vendors. Prepare and issue purchase orders as per requirements. Negotiate rates, terms, and delivery schedules with suppliers. Ensure timely procurement of raw materials, consumables, spare parts, and other items. Maintain purchase records, agreements, and vendor database. Follow up with vendors for timely delivery and resolve discrepancies in orders. Monitor market trends, alternative materials, and pricing for cost control.

Store & Inventory Management:



Maintain proper records of receipts, issues, and stock balances. Ensure timely inward/outward entry of materials in ERP/manual registers. Conduct regular physical stock verification and reconcile with system records. Implement FIFO/FEFO system to reduce wastage and obsolescence. Ensure safe storage of materials with proper labeling, stacking, and housekeeping. Monitor minimum/maximum stock levels and raise requisitions accordingly. Coordinate with Production/Quality departments for material availability and usage.

Compliance & Coordination:



Ensure adherence to company purchase policies and statutory requirements. Coordinate with Accounts for supplier payments and invoice reconciliation. Prepare MIS reports related to purchase, stock, and consumption. Support internal and external audits related to purchase & stores.

Skills & Competencies:



Strong negotiation and communication skills. Knowledge of purchase processes, vendor management, and inventory control. Familiarity with Tally. Analytical and problem-solving skills. Attention to detail and accuracy. Team player with multitasking ability.

Qualification & Experience:



Graduate Commerce.

Key Performance Indicators (KPIs):



Cost savings achieved through effective negotiations. On-time procurement and supplier delivery performance. Accuracy of inventory records vs. physical stock. Compliance with purchase policies and audit requirements. Reduction in material wastage and stock-outs.
Job Types: Full-time, Permanent, Fresher

Pay: ₹15,000.00 - ₹20,000.00 per month

Benefits:

Health insurance Paid sick time Provident Fund
Work Location: In person

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Job Detail

  • Job Id
    JD4293479
  • 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