Purchase Executive

1 day ago

Nighoje Pune Maharashtra, India Castomach Global Pvt. Ltd. Full time ₹ 1,80,000 - ₹ 2,40,000 per year

Key ResponsibilitiesPurchase Activities:

  • Identify, evaluate, and select reliable suppliers/vendors.
  • Prepare and issue purchase orders as per requirements.
  • Negotiate rates, terms, and delivery schedules with suppliers.
  • Ensure timely procurement of raw materials, consumables, spare parts, and other items.
  • Maintain purchase records, agreements, and vendor database.
  • Follow up with vendors for timely delivery and resolve discrepancies in orders.
  • Monitor market trends, alternative materials, and pricing for cost control.

Store & Inventory Management:

  • Maintain proper records of receipts, issues, and stock balances.
  • Ensure timely inward/outward entry of materials in ERP/manual registers.
  • Conduct regular physical stock verification and reconcile with system records.
  • Implement FIFO/FEFO system to reduce wastage and obsolescence.
  • Ensure safe storage of materials with proper labeling, stacking, and housekeeping.
  • Monitor minimum/maximum stock levels and raise requisitions accordingly.
  • Coordinate with Production/Quality departments for material availability and usage.

Compliance & Coordination:

  • Ensure adherence to company purchase policies and statutory requirements.
  • Coordinate with Accounts for supplier payments and invoice reconciliation.
  • Prepare MIS reports related to purchase, stock, and consumption.
  • Support internal and external audits related to purchase & stores.

Skills & Competencies:

  • Strong negotiation and communication skills.
  • Knowledge of purchase processes, vendor management, and inventory control.
  • Familiarity with Tally.
  • Analytical and problem-solving skills.
  • Attention to detail and accuracy.
  • Team player with multitasking ability.

Qualification & Experience:

  • Graduate Commerce.

Key Performance Indicators (KPIs):

  • Cost savings achieved through effective negotiations.
  • On-time procurement and supplier delivery performance.
  • Accuracy of inventory records vs. physical stock.
  • Compliance with purchase policies and audit requirements.
  • Reduction in material wastage and stock-outs.

Job Types: Full-time, Permanent, Fresher

Pay: ₹15, ₹20,000.00 per month

Benefits:

  • Health insurance
  • Paid sick time
  • Provident Fund

Work Location: In person

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