Purchase Executive

Job Title: Purchase Executive

Department: Purchase

Reporting To: Vice-President

Location: Marol Naka, Andheri East

Position Type: Full-Time

**About the organisation**

Advance Paints Pvt. Ltd. is a manufacturer of industrial, high performance and marine coatings. We are leading suppliers to Indian Navy and Indian Railways having been associated to them for over 3 decades. We have an extensive product range that has been specially developed for infrastructure projects, chemical zones, refineries and others.

**Role Purpose**

**Responsibility**

**Supplier Communication**:

- Engage with suppliers to obtain quotations, negotiate terms, and discuss product specifications.
- Maintain regular communication channels with suppliers to ensure smooth procurement processes.

**Quotation Management**:

- Evaluate quotations from various suppliers to determine the most cost-effective options while ensuring quality standards are met.
- Analyze pricing trends and market conditions to identify opportunities for cost savings.

**Purchase Order Preparation**:

- Prepare purchase orders accurately, including all relevant details such as quantities, specifications, delivery timelines, and terms of payment.
- Coordinate with internal stakeholders to confirm purchase requirements and obtain necessary approvals.

**Supplier Relationship Management**:

- Build and maintain strong relationships with suppliers based on trust, reliability, and mutual respect.
- Address any issues or concerns raised by suppliers promptly and work towards timely resolution.

**Inventory Management**:

- Collaborate with the inventory management team to ensure optimal stock levels are maintained based on demand forecasts and production schedules.
- Monitor inventory levels and track procurement activities to prevent stock outs and minimize excess inventory.

**Vendor Development**:

- Identify potential new vendors and evaluate their capabilities, reliability, and suitability to meet company requirements.
- Collaborate with cross-functional teams to on board new vendors and facilitate the qualification process.
- Work with vendors to develop and enhance their capabilities, processes, and performance to meet company standards and objectives.

**Skills Required**:
**Technical Skills**:

- Proficiency in Microsoft Office suite, particularly Excel, for data analysis and reporting.
- Familiarity with procurement software or ERP systems for purchase order management and inventory tracking.
- Strong understanding of procurement processes, including supplier selection, negotiation, and contract management.

**Behavioral Skills**:

- Excellent communication skills, both verbal and written, with the ability to effectively interact with suppliers and internal stakeholders.
- Strong negotiation skills to secure favorable terms and pricing agreements with suppliers.
- Detail-oriented approach with a focus on accuracy and precision in preparing purchase orders and analyzing quotations.
- Ability to work independently and manage multiple tasks simultaneously in a fast-paced environment.
- Problem-solving attitude with a proactive approach to resolving issues and optimizing procurement processes.

**Experience Required**
- Proven experience as a Purchase Executive or similar role, with a minimum of 2 years in procurement and supply chain management.
- Certification in procurement or supply chain management

**Mandatory Requirement**
- Must be a local from Mumbai and willing and able to commute to Marol Naka (Andheri East).

**Qualification**
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.

Pay: Up to ₹25,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

**Education**:

- Bachelor's (required)

**Experience**:

- total work: 2 years (required)

**Language**:

- English (preferred)

Work Location: In person