Executive - Purchase
4 days ago
Role & responsibilities
- Source, negotiate, and purchase materials, equipment, and services from approved suppliers.
- Issue purchase orders and track deliveries to ensure timely receipt of goods.
- Evaluate vendor quotes and make recommendations based on price, quality, and delivery capabilities.
- Maintain and update the approved supplier list and procurement records.
- Monitor inventory levels and coordinate with the warehouse/production to avoid stockouts or overstocking.
- Ensure procurement activities comply with company policies and procedures.
- Assist in cost reduction initiatives by identifying new vendors or alternative materials.
- Handle invoice discrepancies, coordinate with the finance team for timely payments, and resolve supplier disputes.
- Prepare regular reports on purchase activity, delivery timelines, and supplier performance.
- Stay updated on market trends and price fluctuations to make informed purchasing decisions.
Preferred candidate profile
- Bachelors degree in Business Administration, Supply Chain Management, Commerce, or a related field.
- 2+ years of experience in purchasing or procurement, preferably in Auto component industry.
- Strong negotiation and communication skills.
- Proficient in MS Office and ERP or procurement software (e.g., SAP, Oracle, Tally, Zoho).
- Good organizational and time management skills.
- Attention to detail with the ability to work independently under pressure.
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