Purchase Executive

3 days ago


Ponneri Chennai Tamil Nadu, India Farwood Industries Limited Full time

**P2P Cycle Management**:

- Manage complete P2P process including requisition to payment.
- Review and validate PRs (Purchase Requisitions) from departments.
- Convert PRs to POs (Purchase Orders) as per internal processes.
- Monitor and ensure timely delivery and invoicing of materials/services.
- **Vendor Management**:

- Identify and onboard new vendors as per requirements.
- Evaluate vendor performance (delivery timelines, quality, compliance).
- Negotiate pricing, payment terms, and contracts.
- **Purchase Operations**:

- Maintain updated records of purchased products, delivery information, and invoices.
- Coordinate with finance for invoice processing and payments.
- Resolve discrepancies between PO, GRN (Goods Receipt Note), and invoices.
- **Cost Optimization & Compliance**:

- Analyze spend data to identify cost-saving opportunities.
- Ensure adherence to company procurement policies and compliance requirements.
- Support internal and external audits.
- **Stakeholder Coordination**:

- Work closely with internal teams (Finance, Stores, Quality, Operations) to align procurement with project requirements.
- Ensure service level agreements (SLAs) are met with mínimal escalations.**Requirements**:

- 3+ years of experience in procurement or purchase function, with strong exposure to the P2P cycle.
- Experience with ERP systems
- Strong analytical, negotiation, and vendor management skills.
- Excellent communication and coordination abilities.
- Working knowledge of taxation

Pay: ₹20,000.00 - ₹30,000.00 per month

**Benefits**:

- Leave encashment

Ability to commute/relocate:

- Ponneri, Chennai, Tamil Nadu: Reliably commute or planning to relocate before starting work (preferred)

Application Question(s):

- What is your current salary?
- What is the notice period?

**Experience**:

- total: 3 years (preferred)

Work Location: In person


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