Purchase Executive

2 days ago

Mumbai, Maharashtra, India Actide International Full time ₹ 5,00,000 - ₹ 15,00,000 per year


Job Description:

Procurement & Vendor Management

• Identify and evaluate suppliers based on price, quality, and delivery speed.

• Negotiate contracts, payment terms, and cost-saving strategies.

• Maintain strong relationships with existing vendors and onboard new suppliers.

• Purchase Order Management

• Prepare and process purchase orders (POs) based on business requirements.

• Ensure timely approval and follow up on PO execution.

• Coordinate with accounts for invoice clearance and payments.

• Inventory & Material Planning

• Monitor stock levels and ensure the timely availability of materials.

• Work closely with the production and warehouse teams to optimize inventory.

• Cost Control & Budgeting

• Analyze purchase costs and find cost-effective procurement strategies.

• Assist in preparing annual procurement budgets and tracking expenses.

• Supplier Compliance & Quality Assurance

• Ensure all purchased goods comply with company quality standards.

• Address supplier issues and maintain proper documentation for audits.

• Coordination & Reporting

• Collaborate with internal departments to ensure smooth procurement operations.

• Maintain records of purchase orders, contracts, and supplier performance.


• Generate reports on purchase activities, cost savings, and supplier evaluations.



Desired Profile / Criteria / Skills :

Strong negotiation and vendor management skills.

• Knowledge of procurement best practices and ERP systems.

• Ability to handle multiple suppliers and prioritize urgent requirements.

• Proficiency in MS Office (Excel, Word) and procurement software.

• Good communication and problem-solving abilities.


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