
Purchase Executive
6 days ago
**Job description**
We are in the process of hiring **Purchase Executive**
**Job description**
Responsibilities and Duties
- Should be strong in Negotiations
- Sourcing new/potential suppliers and vendors.
- Sourcing materials, goods, products, and services and negotiating the best or most cost-effective contracts and deals.
- Negotiate contract terms of agreement and pricing with vendors
- Planning and forecasting the material requirements
- Compare and evaluate offers from suppliers and vendors
- Establishing professional relationships with clients as well as vendors and suppliers.
- Updating and maintaining records of all orders, payments, and received stock.
- Ensuring timely issuance of imported purchase order
- Regular follow up with the shipments and logistics
- Inspecting stock and reporting any faulty items or inconsistencies immediately.
- Track orders and ensure timely delivery
- Review the quality of purchased products
- Enter order details (e.g. vendors, quantities, prices) into internal databases
- Maintain updated records of purchased products, delivery information, and invoices
- Prepare reports on purchases, including cost analyses
- Monitor stock levels and place orders as needed
- Coordinate with warehouse staff to ensure proper storage
Qualifications and Skills
- QUALIFICATIONS /SKILLS: BE MECH. Knowledge of fabrication, Machining, and other outsourced processes, materials, and electrical & electronic components.
- The mechanical background is Preferred
- Proficiency in MS Excel.
- Minimum 1-3 years of work experience in a similar role
- Good knowledge of vendor sourcing practices (researching, evaluating, and liaising with vendors)
- Hands-on experience with purchasing
- Understanding of supply chain procedures
- Solid analytical skills, with the ability to create financial reports and conduct cost analysis
- Negotiation skills
**Salary**: From ₹20,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Health insurance
Schedule:
- Day shift
Supplemental pay types:
- Performance bonus
- Quarterly bonus
- Yearly bonus
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 1 year (preferred)
Ability to Commute:
- Guindy, Chennai, Tamil Nadu (required)
Ability to Relocate:
- Guindy, Chennai, Tamil Nadu: Relocate before starting work (required)
Work Location: In person
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