Purchase Executive
22 hours ago
**Job Title**: Purchase Executive
**Experience**: 6+ Years
**Industry**: Oil & Refinery / Petrochemicals
**Location**: [Insert Location]
**Department**: Procurement / Supply Chain
**Reports To**: Procurement Manager / Supply Chain Head
**Employment Type**: Full-time
**Job Summary**
**Key Responsibilities**:
- **Procurement & Sourcing**:
- Identify and source reliable suppliers for equipment, spare parts, and consumables related to refinery and oil operations.
- Float RFQs/RFPs and analyze quotations to ensure competitiveness and quality.
- **Vendor Management**:
- Develop and maintain relationships with approved vendors and contractors.
- Evaluate supplier performance and ensure compliance with contractual terms and safety standards.
- **Purchase Order Management**:
- Issue purchase orders (POs) in alignment with company policies and project requirements.
- Monitor delivery timelines and expedite orders as required.
- **Inventory Coordination**:
- Work closely with stores and inventory teams to align procurement with inventory levels.
- Minimize stockouts and overstock situations.
- **Cost Control & Budgeting**:
- Monitor market trends, pricing strategies, and cost-saving opportunities.
- Assist in budgeting and forecasting procurement costs for projects and operations.
- **Compliance & Documentation**:
- Ensure all purchases comply with internal policies, quality standards, and legal requirements.
- Maintain accurate records of purchases, contracts, and supplier evaluations.
- **Cross-functional Collaboration**:
- Liaise with the engineering, operations, and maintenance teams to understand technical specifications.
- Support project procurement as per timelines and material take-off (MTO) schedules.
**Required Qualifications**:
- Bachelor’s degree in **Mechanical Engineering, Supply Chain, Commerce, or related fields**.
- (PG in Materials Management or MBA in Supply Chain is a plus.)_
- Minimum **6 years of relevant experience** in procurement within the **oil, gas, or refinery** industry.
- Strong knowledge of **procurement lifecycle**, **import/export regulations**, **INCOTERMS**, and **HS codes**.
- Proficiency in **ERP systems** like SAP/MM, Oracle, or similar platforms.
- Solid negotiation, analytical, and communication skills.
Pay: ₹15,000.00 - ₹45,000.00 per month
**Benefits**:
- Health insurance
- Leave encashment
- Provident Fund
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