Purchase Executive, Bhubaneswar
4 days ago
Procurement Management:
Responsible for the purchase of switchgear, control systems, electrical components, and associated materials.
Identify and evaluate suppliers based on quality, price, delivery time, and terms of trade.
Issue purchase orders, track order fulfilment, and ensure materials are received on time.
Supplier and Vendor Management:
Develop and maintain relationships with key suppliers, negotiate pricing, discounts, and terms.
Conduct vendor evaluations and assessments for performance, quality, and reliability.
Resolve any issues related to damaged or non-conforming materials.
Inventory Management:
Monitor stock levels and place orders accordingly to avoid production delays.
Ensure optimal inventory levels to balance cost efficiency and product availability.
Coordinate with the warehouse and production teams to ensure timely delivery of materials.
Documentation and Reporting:
Maintain accurate records of purchases, supplier communications, and delivery schedules.
Prepare reports on procurement activities, including cost analysis and savings.
Ensure compliance with company procurement policies and procedures.
Cost Control and Budget Management:
Support the purchase manager in ensuring procurement activities stay within the approved budget.
Analyse market trends, cost variations, and recommend cost-effective alternatives without compromising quality.
Internal Coordination:
Collaborate with design, production, and engineering teams to understand requirements and specifications for purchasing.
Ensure timely procurement of raw materials, components, and finished goods to meet production deadlines.
Compliance and Quality Control:
Ensure all purchases comply with company standards and specifications.
Ensure the timely inspection of materials on arrival to verify the quality and quantity before acceptance.
Bachelor's degree, Business Administration, or any related field.
Post-graduate qualifications in Supply Chain Management/Procurement are a plus. Excellent organizational and multitasking skills.
Minimum 2-3 years of experience in procurement or purchasing, preferably in the switchgear, electrical, or industrial equipment sector.
Strong understanding of the supply chain, vendor management, and purchase processes.
Strong leadership and team management abilities.
Proficient in using MS Office Suite SAP.
Excellent communication and interpersonal skills.
Ability to work in a fast-paced environment and manage multiple priorities.
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