Purchase Executive

2 days ago

Nighoje Pune Maharashtra, India Castomach Global Pvt. Ltd. Full time

**Key ResponsibilitiesPurchase Activities**:

- Identify, evaluate, and select reliable suppliers/vendors.
- Prepare and issue purchase orders as per requirements.
- Negotiate rates, terms, and delivery schedules with suppliers.
- Ensure timely procurement of raw materials, consumables, spare parts, and other items.
- Maintain purchase records, agreements, and vendor database.
- Follow up with vendors for timely delivery and resolve discrepancies in orders.
- Monitor market trends, alternative materials, and pricing for cost control.

**Store & Inventory Management**:

- Maintain proper records of receipts, issues, and stock balances.
- Ensure timely inward/outward entry of materials in ERP/manual registers.
- Conduct regular physical stock verification and reconcile with system records.
- Implement FIFO/FEFO system to reduce wastage and obsolescence.
- Ensure safe storage of materials with proper labeling, stacking, and housekeeping.
- Monitor minimum/maximum stock levels and raise requisitions accordingly.
- Coordinate with Production/Quality departments for material availability and usage.

**Compliance & Coordination**:

- Ensure adherence to company purchase policies and statutory requirements.
- Coordinate with Accounts for supplier payments and invoice reconciliation.
- Prepare MIS reports related to purchase, stock, and consumption.
- Support internal and external audits related to purchase & stores.

**Skills & Competencies**:

- Strong negotiation and communication skills.
- Knowledge of purchase processes, vendor management, and inventory control.
- Familiarity with Tally.
- Analytical and problem-solving skills.
- Attention to detail and accuracy.
- Team player with multitasking ability.

**Qualification & Experience**:

- Graduate Commerce.

**Key Performance Indicators (KPIs)**:

- Cost savings achieved through effective negotiations.
- On-time procurement and supplier delivery performance.
- Accuracy of inventory records vs. physical stock.
- Compliance with purchase policies and audit requirements.
- Reduction in material wastage and stock-outs.

**Job Types**: Full-time, Permanent, Fresher

Pay: ₹15,000.00 - ₹20,000.00 per month

**Benefits**:

- Health insurance
- Paid sick time
- Provident Fund

Work Location: In person

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