Purchase Executive-Costing
5 hours ago
We are looking for an experienced and detail-oriented Purchase Executive who can independently manage procurement of packaging materials and handle complete costing, budgeting, and evaluation for CAPEX-related purchases. The ideal candidate should have strong analytical skills, vendor management experience, and expertise in cost comparison & negotiation for packaging and capital equipment items.
Key Responsibilities:
1. Procurement & Sourcing
- Handle end-to-end purchasing of packaging materials (boxes, pouches, labels, shrink, liners, straps, etc.).
- Source, evaluate, and finalize vendors based on quality, cost, and delivery capability.
- Conduct market research to identify price trends and new suppliers.
2. Costing & Budgeting
- Prepare detailed costing sheets for packaging materials and CAPEX items.
- Analyse material consumption, wastage, specifications, and historical data to estimate accurate costs.
- Prepare CAPEX project costing, ROI calculation, and cost–benefit analysis.
3. CAPEX Management
- Evaluate quotations, technical specifications, and commercial proposals for new machinery, molds, and equipment.
- Coordinate with production & engineering teams for technical requirements and approvals.
- Prepare comparative statements (technical + commercial) for management decision-making.
4. Negotiation & Vendor Coordination
- Negotiate prices, payment terms, and contracts to achieve cost savings.
- Maintain strong relationships with suppliers and ensure timely deliveries.
- Organize vendor audits and performance reviews.
5. Documentation & Compliance
- Ensure proper documentation of purchase orders, approvals, and vendor agreements.
- Follow company procurement policies & maintain accurate MIS reports.
- Handle GRN follow-ups, bill clearing, and rate approvals.
Required Skills & Competencies
- Strong knowledge of costing of packaging materials and understanding of specifications.
- Experience in CAPEX procurement, costing, and comparison.
- Excellent negotiation, analytical, and vendor management skills.
- Good knowledge of MS Excel, costing templates, SAP/ERP (preferred).
- Strong communication & coordination abilities.
Education & Experience
- Qualification: Graduate / Diploma in Mechanical / Production / Supply Chain (preferred).
- Experience: 2–5 years in purchase, packaging material procurement & CAPEX costing (preferably in plastic manufacturing or FMCG/packaging industries).
Job Type: Full-time
Pay: ₹25, ₹35,000.00 per month
Work Location: In person
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