Purchase Executive
2 days ago
Role & responsibilities
- Plan and execute procurement of raw materials, packaging items, consumables, mould spares, and tools as per production requirements.
- Identify and develop new vendors for better quality, pricing, and reliability.
- Obtain quotations, negotiate prices, delivery terms, and payment terms with suppliers.
- Prepare and issue Purchase Orders in ERP / Tally and ensure timely approvals.
- Track order status, follow up with vendors for timely delivery, and coordinate with stores and production for material receipt.
- Maintain minimum inventory levels while ensuring uninterrupted production.
- Compare suppliers based on price, quality, and delivery performance and maintain updated supplier records.
- Handle import purchases, coordinate for documentation, freight forwarding, and customs clearance (if applicable).
- Ensure all purchases comply with GST, HSN code, and tax regulations.
- Coordinate with accounts department for vendor bill verification and payment release.
- Support cost control initiatives and identify alternate materials or vendors to reduce purchase cost.
- Participate in vendor audits and supplier evaluation with QA and management teams.
- Prepare monthly purchase reports, material cost analysis, and procurement MIS for management review.
- Maintain proper filing of POs, invoices, test certificates, and vendor communications.
Preferred candidate profile
- Education: Graduate / Diploma in Engineering / B.Com / MBA (Materials Management or Supply Chain).
- Experience: 410 years in manufacturing purchase and vendor management, preferably in automotive or plastic component industry.
- Sound knowledge of raw materials (PA66, Masterbatch, Nylon compounds), mould spares, and industrial consumables.
- Strong negotiation, cost comparison, and rate finalisation skills.
- Experienced in vendor development, supplier evaluation, and maintaining long-term vendor relations.
- Proficient in ERP / Tally / Excel-based purchase systems and generating purchase MIS reports.
- Working knowledge of GST, HSN, Import Procedures, and Purchase Taxation.
- Exposure to IATF 16949 or ISO 9001 documentation and audit compliance preferred.
- Analytical, disciplined, and able to handle multiple purchase categories simultaneously.
- Excellent communication and coordination skills with production, QC, and accounts teams.
- Result-oriented, with a focus on timely procurement, quality, and cost efficiency.
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