Purchase Executive

**Job Title: Purchase Executive - ManufacturingJob Summary**:
**Key Responsibilities**:

- **Procurement of Raw Materials & Supplies**:

- Identify and source suppliers for raw materials, components, and other goods required for the manufacturing process.
- Ensure timely availability of materials and components for uninterrupted production, adhering to manufacturing schedules.
- Maintain inventory levels of critical materials and plan for reordering to avoid stockouts or excess inventory.
- **Supplier Management**:

- Develop and maintain relationships with key suppliers to ensure consistent quality, timely deliveries, and competitive pricing.
- Negotiate contracts and pricing with suppliers to achieve cost-effective solutions for the business.
- Regularly assess supplier performance and resolve any issues related to quality, delivery, or cost.
- **Order Processing and Tracking**:

- Prepare purchase orders based on material requirements, forecasts, and production schedules.
- Track and monitor purchase orders, ensuring that materials are delivered as per the agreed timelines.
- Communicate effectively with suppliers to ensure timely delivery and manage any delays or issues.
- **Inventory and Stock Management**:

- Work with the inventory management team to maintain optimal stock levels and avoid both excess inventory and stockouts.
- Conduct regular stock audits and reconcile physical stock with records.
- Ensure that warehouse staff and the purchasing team are aligned on material storage, handling, and stock rotation procedures.
- **Cost Control and Budget Management**:

- Monitor procurement spending to ensure compliance with the department’s budget.
- Evaluate pricing from various suppliers and implement cost-saving initiatives where possible.
- Analyze production costs and propose solutions for reducing material costs without compromising quality.
- **Quality Assurance and Compliance**:

- Ensure that purchased materials meet the required quality standards and specifications for manufacturing.
- Coordinate with the Quality Control team to address any issues regarding substandard or defective materials.
- Ensure compliance with health, safety, and environmental regulations in procurement processes.
- **Collaboration with Production and Engineering Teams**:

- Work closely with the production and engineering teams to understand material requirements, production plans, and any changes in product design.
- Ensure the timely procurement of machinery, equipment, and spare parts required for production.
- Assist in sourcing and procuring new equipment and machinery for plant expansion or upgrades.
- **Reporting and Documentation**:

- Maintain detailed records of all purchase orders, contracts, supplier negotiations, and inventory levels.
- Provide regular procurement reports to senior management regarding supplier performance, cost analysis, and inventory status.
- Prepare and maintain supplier contracts and agreements, ensuring timely renewals and compliance with terms.

**Required Skills and Qualifications**:

- **Educational Background**:

- Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a related field.
- Certifications in procurement or supply chain management (e.g., CIPS, APICS) are preferred.
- **Experience**:

- 2-4 years of experience in purchasing, procurement, or supply chain management, preferably in a manufacturing environment.
- Strong knowledge of raw material sourcing, inventory management, and supplier relations in manufacturing.
- **Skills**:

- Proficient in using procurement and inventory management software (e.g., SAP, Oracle).
- Strong negotiation, communication, and interpersonal skills.
- Excellent problem-solving skills and ability to resolve conflicts effectively.
- Analytical mindset with the ability to monitor procurement performance and make data-driven decisions.
- **Personal Attributes**:

- Strong attention to detail and high level of accuracy in procurement processes.
- Ability to work in a fast-paced, dynamic manufacturing environment.
- Strong organizational skills with the ability to handle multiple tasks and priorities.
- Ability to work both independently and as part of a team.

Pay: ₹15,000.00 - ₹25,000.00 per month

**Benefits**:

- Leave encashment
- Paid sick time

Schedule:

- Day shift

Supplemental Pay:

- Shift allowance

Work Location: In person