Purchase Executive

3 days ago

Pune, Maharashtra, India Neev Biochem Private Limited Full time ₹ 15,000 - ₹ 4,50,000 per year

Job Title: Purchase Executive

Experience: 6+ Years

Industry: Oil & Refinery / Petrochemicals

Location: [Insert Location]

Department: Procurement / Supply Chain

Reports To: Procurement Manager / Supply Chain Head

Employment Type: Full-time

Job Summary

We are seeking an experienced Purchase Executive with 6+ years of proven expertise in oil and refinery procurement processes. The ideal candidate will be responsible for sourcing, negotiating, and purchasing materials, equipment, and services essential for operations. A strong understanding of vendor management, industry-specific materials, and cost control is essential.

Key Responsibilities:

  • Procurement & Sourcing:
  • Identify and source reliable suppliers for equipment, spare parts, and consumables related to refinery and oil operations.
  • Float RFQs/RFPs and analyze quotations to ensure competitiveness and quality.
  • Vendor Management:
  • Develop and maintain relationships with approved vendors and contractors.
  • Evaluate supplier performance and ensure compliance with contractual terms and safety standards.
  • Purchase Order Management:
  • Issue purchase orders (POs) in alignment with company policies and project requirements.
  • Monitor delivery timelines and expedite orders as required.
  • Inventory Coordination:
  • Work closely with stores and inventory teams to align procurement with inventory levels.
  • Minimize stockouts and overstock situations.
  • Cost Control & Budgeting:
  • Monitor market trends, pricing strategies, and cost-saving opportunities.
  • Assist in budgeting and forecasting procurement costs for projects and operations.
  • Compliance & Documentation:
  • Ensure all purchases comply with internal policies, quality standards, and legal requirements.
  • Maintain accurate records of purchases, contracts, and supplier evaluations.
  • Cross-functional Collaboration:
  • Liaise with the engineering, operations, and maintenance teams to understand technical specifications.
  • Support project procurement as per timelines and material take-off (MTO) schedules.

Required Qualifications:

  • Bachelor's degree in Mechanical Engineering, Supply Chain, Commerce, or related fields.

(PG in Materials Management or MBA in Supply Chain is a plus.)

  • Minimum 6 years of relevant experience in procurement within the oil, gas, or refinery industry.
  • Strong knowledge of procurement lifecycle, import/export regulations, INCOTERMS, and HS codes.
  • Proficiency in ERP systems like SAP/MM, Oracle, or similar platforms.
  • Solid negotiation, analytical, and communication skills.

Job Type: Full-time

Pay: ₹15, ₹45,000.00 per month

Benefits:

  • Health insurance
  • Leave encashment
  • Provident Fund

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