Purchase Executive
4 days ago
**Job Title**: Purchase Executive
**Department**: Procurement / Supply Chain
**Job Summary**:
**Key Responsibilities**:
- Identify, evaluate, and select reliable suppliers and vendors for materials, components, and services.
- Obtain quotations, compare pricing, negotiate terms, and finalize purchase orders to ensure cost-effective procurement.
- Maintain optimum inventory levels and ensure timely availability of materials to meet production requirements.
- Monitor supplier performance regarding quality, delivery timelines, and compliance with company standards.
- Develop and maintain strong relationships with existing and new suppliers.
- Coordinate with production, quality control, and accounts departments for smooth material flow and vendor payments.
- Prepare and maintain accurate procurement documentation—purchase orders, vendor contracts, and reports.
- Analyze market trends to identify new suppliers, materials, or processes that could improve cost efficiency and quality.
- Ensure adherence to company procurement policies, budget controls, and legal regulations.
- Support in audits, reporting, and procurement-related data analysis for management reviews.
**Qualifications & Skills**:
**Education**:
- Bachelor’s Degree in Supply Chain Management, Business Administration, Mechanical Engineering, or related field.
**Experience**:
- 2-5 years of experience in purchasing or procurement, preferably in manufacturing or engineering industries (hand tool or related sectors preferred).
**Key Skills**:
- Strong negotiation and communication skills.
- Knowledge of procurement processes, vendor management, and ERP systems.
- Analytical thinking and attention to detail.
- Time management and organizational abilities.
- Proficiency in MS Office (Excel, Word, PowerPoint).
- Familiarity with ISO standards and quality management systems is an added advantage.
Pay: ₹20,000.00 - ₹25,000.00 per month
**Benefits**:
- Provident Fund
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