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Purchase Executive
2 weeks ago
Role Overview
The Purchase Executive will be responsible for sourcing, negotiating, and procuring raw materials, mechanical/electrical components, consumables, and services required for machine manufacturing. The role involves vendor management, cost optimization, timely procurement, and ensuring uninterrupted supply to the production and stores department.
Role & Responsibilities
- Identify, evaluate, and develop reliable suppliers/vendors for raw materials, machine components, consumables, and tools.
- Generate and process purchase requisitions and purchase orders as per requirements.
- Ensure timely procurement of materials to avoid production delays.
- Negotiate prices, payment terms, delivery schedules, and contracts with vendors.
- Maintain and update vendor database with pricing, lead time, and performance records.
- Monitor inventory levels in coordination with stores to plan purchases accordingly.
- Ensure compliance with quality standards while sourcing materials.
- Coordinate with production, design, and stores teams for requirement planning.
- Track and expedite pending orders to ensure on-time deliveries.
- Conduct market research to identify new suppliers, alternate materials, and cost-saving opportunities.
- Handle import/export documentation (if applicable) and liaise with logistics partners.
- Maintain proper documentation for audits, GST, and statutory compliance.
- Prepare and submit periodic reports on purchase activities, cost savings, and vendor performance.
- Resolve vendor-related issues such as shortages, damages, and rejections.
- Support implementation of ERP / MIS systems for purchase tracking.
Preferred Candidate Profile
- Graduate/Diploma in Mechanical / Industrial / Supply Chain / Commerce (preferred).
- 2 to 5 years of experience in purchase/procurement in a manufacturing industry (machine manufacturing preferred).
- Strong negotiation, vendor management, and communication skills.
- Knowledge of engineering drawings, raw materials, mechanical/electrical components.
- Familiarity with MS Office and ERP systems.
- Ability to work under pressure and meet deadlines.
- Cost-conscious mindset with attention to quality and timelines.