Purchase & Vendor Executive

21 hours ago

Uttam Nagar Delhi Delhi, India My Design Minds Full time

**Magnanimous Design Minds Pvt. Ltd.**

**Company Overview**

Magnanimous Design Minds Pvt. Ltd.is a leading provider of comprehensive business solutions for small, medium, and large-scale manufacturers. We guide product development from initial concept to final production, incorporating innovative mechanical designs to enhance functionality and market appeal.

**Purchase & Vendor Executive**
- **Start Date**: Immediate
- **Location**: My Design Minds, RZ-16, Third Floor, Mahindra Park, Near Hero Showroom, Uttam Nagar, Delhi (110059)
- **No.** **Of Vacancies**: 5
- **Employment Type**: Work from Office (Full-time)
- **Stipend**: 5,000-10,000 (Depending on skill set)
- **Experience**:0-1 Year in 1-2 years of experience in purchase, procurement
- **Duration**:6 Months

**Roles and Responsibilities:Vendor Management**:

- Identify, evaluate, and onboard reliable vendors and suppliers
- Maintain strong working relationships with existing vendors
- Negotiate pricing, payment terms, and delivery timelines
- Evaluate vendor performance regularly and suggest improvements

**Procurement & Purchase Operations**:

- Receive internal purchase requests and process orders accordingly
- Prepare and issue purchase orders (POs), follow up on deliveries
- Ensure timely procurement of materials, tools, or services needed for operations/projects
- Coordinate with internal teams (design, development, accounts, etc.) to understand purchase needs

**Documentation & Compliance**:

- Maintain proper records of quotations, purchase orders, invoices, and challans
- Ensure accurate documentation for audits and inventory tracking
- Coordinate with accounts team for timely payments and vendor reconciliation

**Cost Optimization**:

- Monitor and analyze market trends to get the best value for money
- Suggest alternate suppliers or solutions to reduce procurement costs without compromising on quality

**Reporting & Coordination**:

- Prepare weekly and monthly reports on purchases, vendor performance, and cost efficiency
- Work closely with project managers and team leads for timely updates on material requirements
- Ensure transparency and regular communication with stakeholders

**Requirements**:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field
- 1-2 years of experience in purchase, procurement, or vendor management (fresher’s with strong skills may apply)
- Good negotiation and communication skills
- Knowledge of procurement software/tools is a plus
- Ability to multitask and meet tight deadlines

**Application Instructions**:
Contact Person Name: Shristy Singh (HR Executive)

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

Pay: ₹10,000.00 - ₹15,000.00 per month

**Benefits**:

- Paid time off

Work Location: In person

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