The Purchase Executive is responsible for sourcing, negotiating, and purchasing goods, materials, and services required by the organization at the best possible price, quality, and delivery terms. The role ensures timely procurement, vendor management, cost control, and compliance with company policies.
Identify, evaluate, and select suppliers based on price, quality, and delivery capabilities
Prepare and process purchase requisitions, purchase orders, and contracts
Negotiate prices, payment terms, and delivery schedules with vendors
Ensure timely delivery of materials and follow up on pending orders
Maintain accurate purchase records, vendor databases, and documentation
Coordinate with internal departments (production, stores, finance, quality)
Monitor stock levels and plan procurement to avoid shortages or overstocking
Ensure compliance with company policies and procurement procedures
Resolve supplier-related issues such as delays, quality complaints, or shortages
Analyze market trends and identify cost-saving opportunities
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