Assistant Purchase Executive
3 days ago
Key Responsibilities1. Procurement Support
- Assist in sourcing and purchasing IT products (Epson, HP, LG, Canon, ImageKing, etc.) and other accessories as per approved vendor lists.
- Obtain and compare quotations, negotiate basic price terms, and prepare purchase comparisons.
- Prepare and process purchase orders (POs) in coordination with the Purchase Manager.
- Ensure compliance with procurement policies, approval limits, and budgetary guidelines.
2. Vendor Coordination
- Communicate with suppliers for quotations, order confirmations, and dispatch updates.
- Track delivery timelines and escalate delays or discrepancies.
- Maintain updated supplier contact details and performance history.
- Assist in vendor evaluation and performance reporting.
3. Inventory & Stock Monitoring
- Coordinate with the warehouse and sales departments to monitor stock levels.
- Raise purchase requisitions to avoid stockouts of fast-moving items.
- Maintain reorder levels and ensure timely replenishment.
4. Documentation & Reporting
- Maintain purchase records, supplier quotations, and invoices in digital and physical formats.
- Support in reconciling purchase data with accounts and stores for GRNs (Goods Receipt Notes).
- Generate daily, weekly, and monthly purchase status reports.
- Track pending orders, vendor payments, and inward material entries.
5. Cost Control & Compliance
- Assist in identifying cost-saving opportunities through negotiation or alternate sourcing.
- Ensure adherence to company purchase SOPs and audit requirements.
- Verify invoices against POs and delivery notes for accuracy before forwarding for payment.
6. Coordination & Follow-ups
- Liaise with Accounts for vendor payment follow-ups and document submissions.
- Coordinate with Logistics for shipment tracking and inward planning.
- Support Purchase Manager in maintaining vendor relationships and long-term contracts.
Key Performance Indicators (KPIs)
- Purchase order processing turnaround time.
- On-time vendor delivery percentage.
- Purchase cost variance (vs. standard/previous rates).
- Accuracy of purchase documentation.
- Supplier response and resolution time.
- Stockout frequency for key items.
Skills & Competencies
- Strong negotiation and communication skills.
- Knowledge of IT hardware products and vendor ecosystem.
- Basic understanding of procurement cycle and ERP systems.
- Attention to detail, accuracy in documentation, and analytical mindset.
- Proficiency in MS Excel, Word, and email correspondence.
Qualification & Experience
- Education: Bachelor's degree in Commerce / Business Administration / Supply Chain Management.
- Experience: 1–3 years in procurement or purchase operations (preferably in IT product distribution or trading sector).
Job Types: Full-time, Permanent, Volunteer
Pay: ₹15, ₹18,000.00 per month
Work Location: In person
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