Job Summary
The Stores & Purchase Executive is responsible for managing inventory, coordinating procurement activities, ensuring timely availability of materials, maintaining accurate records, and supporting cost-effective purchasing operations in compliance with company policies.
Key ResponsibilitiesStores Responsibilities
Receive, inspect, and verify incoming materials against purchase orders and delivery challans.
Maintain proper storage, identification, and preservation of materials.
Issue materials to production and other departments as per authorized requisitions.
Maintain accurate stock records in ERP / manual registers.
Conduct periodic stock verification and reconcile physical stock with records.
Monitor minimum, maximum, and reorder levels to avoid shortages or excess inventory.
Ensure FIFO / FEFO practices are followed.
Maintain housekeeping and safety standards in the store.
Purchase Responsibilities
Prepare purchase requisitions based on requirements from departments and inventory levels.
Obtain quotations, prepare comparative statements, and support vendor evaluation.
Issue purchase orders after obtaining necessary approvals.
Follow up with vendors for timely delivery of materials.
Coordinate with accounts for invoice verification and payment processing.
Maintain vendor records and purchase documentation.
Support cost reduction and vendor development initiatives Skills & Competencies
Knowledge of inventory control and procurement processes.
Key Performance Indicators (KPIs)
Inventory accuracy and stock availability
Timely procurement and material delivery
Cost savings and vendor performance
Compliance with audit and documentation requirements
Familiarity with ERP systems (Tally / SAP / Oracle preferred).
Strong documentation and record-keeping skills.
Good negotiation and communication skills.
Proficiency in MS Excel and MS Office.
Ability to work independently and under pressure.
Required Qualifications
Diploma / Bachelor's degree in Commerce, Engineering, or Supply Chain Management.
2-5 years of experience in Stores & Purchase functions (manufacturing preferred).
Job Types: Full-time, Permanent
Pay: ₹25,000.00 - ₹30,000.00 per month
Benefits:
Food provided
Health insurance
Leave encashment
Provident Fund
Work Location: In person
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