Purchase Executive

Key Responsibilities:

1. Vendor Management:

• Sourcing & Evaluation:
• Identify and evaluate potential suppliers based on factors like price, quality, delivery time, and reliability.
• Conduct market research to understand pricing trends and identify new vendors.
• Vendor Development:
• Build and maintain strong relationships with vendors.
• Negotiate contracts and purchase orders with suppliers.
• Performance Monitoring:
• Track vendor performance, including on-time delivery, quality compliance, and adherence to agreed-upon terms.
• Address any vendor-related issues or discrepancies.

2. Procurement Processes:

• Purchase Requisition Processing:
• Review and process purchase requisitions from various departments.
• Ensure the accuracy and completeness of requisitions.
• Order Placement & Tracking:
• Place purchase orders with selected vendors.
• Track orders from placement to delivery.
• Inventory Management:
• Coordinate with the warehouse team to ensure timely receipt and storage of goods.
• Expediting Orders:
• Follow up on delayed orders to ensure timely delivery.

3. Cost Control:

• Negotiate prices and discounts with vendors.
• Identify cost-saving opportunities through competitive bidding, bulk purchases, and other strategies.
• Monitor and control purchase expenses to stay within budget.

4. Documentation & Reporting:

• Maintain accurate records of all procurement activities.
• Prepare purchase reports, including vendor performance reports and cost analysis reports.
• Ensure compliance with company policies and procedures.

Skills Required:

• Excellent negotiation and communication skills
• Strong analytical and problem-solving skills
• Proficiency in Microsoft Excel and other relevant software
• Good organizational and time management skills
• Detail-oriented and accurate
• Strong interpersonal and relationship-building skills
• ERP systems (e.g., SAP, Oracle)
• Procurement software

Job Types: Full-time, Permanent

Pay: ₹18, ₹25,000.00 per month

Benefits:

• Food provided
• Leave encashment
• Provident Fund

Education:

• Bachelor's (Required)

Experience:

• ERP: 2 years (Required)
• Mechanical, Electrical material purchases: 2 years (Required)

Language:

• English (Preferred)

Location:

• Sivakasi, Tamil Nadu (Required)

Shift availability:

• Day Shift (Required)
• Night Shift (Required)

Work Location: In person