Purchase Executive

Year    MP, IN, India

Job Description

Role Summary



The Purchase Manager will be responsible for

managing procurement operations

, identifying reliable vendors, negotiating prices, maintaining optimal inventory levels, and ensuring cost-effective purchasing for the organization. The role requires strong negotiation skills, analytical thinking, and vendor management expertise.

Key Responsibilities1. Procurement & Purchasing



Identify, evaluate, and select suppliers based on quality, price, delivery timelines, and service. Create purchase orders and ensure timely procurement of materials, goods, and services. Manage local and international sourcing depending on requirements. Maintain optimal stock levels to avoid shortages or overstocking.

Vendor & Supplier Management



Establish and maintain strong relationships with vendors. Conduct regular vendor performance reviews. Ensure timely delivery and handle escalations related to delays or quality issues.

Negotiation & Cost Management



Negotiate pricing, credit terms, delivery schedules, and contracts. Analyze costs and create strategies for cost reduction without compromising quality. Compare quotations and prepare cost analysis reports.

Inventory & Stock Coordination



Work closely with store, warehouse, and production teams to track inventory levels. Monitor consumption patterns and forecast purchase requirements. Oversee GRN (Goods Receipt Notes) and ensure accurate documentation.

Documentation & Reporting



Maintain accurate records of purchases, vendor contracts, invoices, and delivery notes. Prepare weekly/monthly purchase reports for management. Ensure compliance with company purchasing policies & statutory requirements.

Coordination



Collaborate with finance to ensure timely vendor payments. Coordinate with quality teams for material inspection and approvals. Work with logistics teams for shipping, transport, and delivery tracking.

Skills & Qualifications



Bachelor's degree in Supply Chain, Business Administration, or relevant field. 3-8 years of experience in purchasing or procurement roles. Strong negotiation and communication skills. Good knowledge of supply chain, vendor management, and inventory management. Proficiency in MS Excel, ERP systems, and procurement software. Analytical, detail-oriented, and result-driven. Ability to work under pressure and meet deadlines.
Job Type: Full-time

Pay: ?18,000.00 - ?25,000.00 per month

Work Location: In person

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Job Detail

  • Job Id
    JD4802702
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MP, IN, India
  • Education
    Not mentioned
  • Experience
    Year