
Purchase Executive
1 week ago
The Purchase Executive is responsible for sourcing and procuring raw materials, packaging components, machinery parts, and other essential goods and services required for the manufacturing of standard and specialized containers. The role involves vendor management, negotiation, cost optimization, ensuring timely delivery, and maintaining quality standards in alignment with company requirements.
**Key Responsibilities:1. Procurement & Sourcing**:
- Identify, evaluate, and select suppliers for raw materials such as plastic resins, metal sheets, corrugated boxes, adhesives, and printing materials.
- Source components and machinery spares required in the manufacturing of standard and customized containers.
- Obtain and analyze quotations, ensuring best value for quality, cost, and delivery.
**2. Vendor Management**:
- Build and maintain strong relationships with suppliers and manufacturers.
- Evaluate supplier performance based on quality, delivery, and service.
- Conduct regular vendor audits to ensure compliance with industry and company standards.
**3. Purchase Order Management**:
- Raise and process purchase orders (POs) in ERP or procurement systems.
- Ensure accurate documentation and approval before placing orders.
- Track delivery timelines and follow up to avoid production delays.
**4. Cost & Inventory Optimization**:
- Negotiate prices, payment terms, and contracts with vendors to achieve cost savings.
- Monitor market trends and raw material prices to make informed purchasing decisions.
- Coordinate with inventory and production teams to maintain optimal stock levels.
**5. Compliance & Quality Assurance**:
- Ensure all purchased goods meet required technical specifications and quality standards.
- Collaborate with the Quality Assurance team to address any quality issues with suppliers.
- Ensure adherence to environmental, legal, and safety standards in procurement.
**6. Documentation & Reporting**:
- Maintain accurate records of purchases, pricing, invoices, and delivery notes.
- Prepare regular procurement reports for management, including cost analysis and vendor performance.
**Qualifications and Skills:Education**:
- Bachelor’s degree in Supply Chain, Business Administration, Mechanical Engineering, or related field.
- Certification in Procurement or Supply Chain Management (e.g., CIPS, CSCP) is an advantage.
**Experience**:
- 2-3 years of experience in procurement, preferably in the packaging or manufacturing industry.
- Experience with ERP systems (SAP, Oracle, Tally, etc.) is preferred.
Pay: ₹30,000.00 - ₹35,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Leave encashment
**Education**:
- Bachelor's (preferred)
**Experience**:
- Purchase executive profile: 3 years (preferred)
Work Location: In person
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