Purchase & Vendor Executive

2 weeks ago


Uttam Nagar Delhi Delhi, India My Design Minds Full time ₹ 50,000 - ₹ 1,50,000 per year

Magnanimous Design Minds Pvt. Ltd.

Company Overview

Magnanimous Design Minds Pvt. a leading provider of comprehensive business solutions for small, medium, and large-scale manufacturers. We guide product development from initial concept to final production, incorporating innovative mechanical designs to enhance functionality and market appeal.

Purchase & Vendor Executive

· Start Date: Immediate

· Location: My Design Minds, RZ-16, Third Floor, Mahindra Park, Near Hero Showroom, Uttam Nagar, Delhi

· Company Website:

· No. Of Vacancies: 5

· Employment Type: Work from Office (Full-time)

· Stipend: 5,000-10,000 (Depending on skill set)

· Experience: 0-1 Year in 1–2 years of experience in purchase, procurement

· Duration: 6 Months

Roles and Responsibilities:Vendor Management:

  • Identify, evaluate, and onboard reliable vendors and suppliers
  • Maintain strong working relationships with existing vendors
  • Negotiate pricing, payment terms, and delivery timelines
  • Evaluate vendor performance regularly and suggest improvements

Procurement & Purchase Operations:

  • Receive internal purchase requests and process orders accordingly
  • Prepare and issue purchase orders (POs), follow up on deliveries
  • Ensure timely procurement of materials, tools, or services needed for operations/projects
  • Coordinate with internal teams (design, development, accounts, etc.) to understand purchase needs

Documentation & Compliance:

  • Maintain proper records of quotations, purchase orders, invoices, and challans
  • Ensure accurate documentation for audits and inventory tracking
  • Coordinate with accounts team for timely payments and vendor reconciliation

Cost Optimization:

  • Monitor and analyze market trends to get the best value for money
  • Suggest alternate suppliers or solutions to reduce procurement costs without compromising on quality

Reporting & Coordination:

  • Prepare weekly and monthly reports on purchases, vendor performance, and cost efficiency
  • Work closely with project managers and team leads for timely updates on material requirements
  • Ensure transparency and regular communication with stakeholders

Requirements:

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field
  • 1–2 years of experience in purchase, procurement, or vendor management (fresher's with strong skills may apply)
  • Good negotiation and communication skills
  • Proficiency in MS Excel, email communication, and basic documentation
  • Knowledge of procurement software/tools is a plus
  • Ability to multitask and meet tight deadlines

Application Instructions:

Please submit a resume at

Contact Person Name: Shristy Singh (HR Executive)

Contact Person Email ID:

Job Types: Full-time, Internship

Pay: ₹10, ₹15,000.00 per month

Benefits:

  • Paid time off

Work Location: In person


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