Purchase Executive

1 day ago

Faridabad Haryana, India CloudTechtiq Full time

**Job Summary**:
The Purchase Executive is responsible for sourcing, negotiating, and purchasing materials, goods, and services required for the company’s operations. The role ensures cost-effective procurement, timely delivery, and adherence to quality standards while maintaining strong vendor relationships.

**Key Responsibilities**:

- Identify, evaluate, and select suppliers based on quality, price, delivery time, and service.
- Prepare and process purchase orders and requisitions as per company policy.
- Negotiate contracts, terms, and pricing with vendors to ensure the best value.
- Monitor and maintain inventory levels to prevent shortages or overstocking.
- Coordinate with internal departments (accounts, production, logistics, etc.) to ensure smooth supply chain operations.
- Track and ensure timely delivery of materials; follow up on delayed or incomplete orders.
- Maintain accurate purchase records, supplier information, and pricing data.
- Conduct regular market research to identify new vendors and assess market trends.
- Support in vendor audits and performance evaluations.
- Ensure compliance with company procurement policies and procedures.

**Required Skills & Competencies**:

- Strong negotiation and communication skills.
- Good analytical and problem-solving ability.
- Knowledge of procurement processes and vendor management.
- Proficiency in MS Office (especially Excel) and ERP systems (e.g., SAP/Tally).
- Attention to detail and time management skills.
- Ability to work independently and as part of a team.

**Qualifications & Experience**:

- Bachelor’s degree in Commerce, Supply Chain, or related field.
- 1-3 years of experience in procurement or supply chain management (freshers may be considered for junior roles).
- Experience in [construction, or FMCG] will be an advantage.

**Key Performance Indicators (KPIs)**:

- Cost savings achieved through effective negotiation.
- Timeliness and accuracy of purchase orders.
- Vendor performance and reliability.
- Compliance with procurement policies.

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

Pay: ₹30,000.00 - ₹35,000.00 per month

**Benefits**:

- Health insurance
- Paid sick time
- Paid time off
- Provident Fund

Work Location: In person

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