Purchase Executive

Job Purpose:

To manage the procurement of raw materials, components, tools, and services required for machine manufacturing. The role involves vendor management, negotiation, purchase order processing, and ensuring timely and cost-effective material availability.

Key Responsibilities:

1. Material Requirement Planning (MRP)

   • Coordinate with production, design, and stores departments to understand material requirements.

   • Prepare and monitor purchase requisitions based on Bill of Materials (BOM) and inventory levels.

2. Vendor Development & Management

   • Identify, evaluate, and develop reliable suppliers for components, raw materials, and outsourced services.

   • Maintain vendor database and ensure adherence to quality, cost, and delivery standards.

3. Sourcing & Negotiation

   • Obtain competitive quotations from vendors and negotiate prices, payment terms, delivery timelines.

   • Conduct cost analysis and ensure best value-for-money procurement.

4. Purchase Order Management

   • Prepare and issue purchase orders (POs) in ERP / software system.

   • Track and follow up on order status, deliveries, and delays.

5. Inventory & Coordination

   • Ensure timely material delivery to avoid production delays.

   • Coordinate with stores and accounts for GRN (Goods Receipt Note), stock verification, and invoice verification.

6. Compliance & Documentation

   • Maintain complete records of quotations, POs, delivery notes, invoices, etc.

   • Ensure compliance with ISO / company procurement policies.

7. Reporting & Analysis

   • Prepare purchase MIS, cost tracking reports, and supplier performance analysis.

   • Highlight delays, shortages, or urgent requirements to management.

• It is a Full Time Back Office / Data Entry job for candidates with 3 - 6+ years Experience.

More about this Purchase Executive job

1. What is the eligibility criteria to apply for this Purchase Executive job?
   Ans: The candidate should be Graduate and above and above with 3 - 6+ years Experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹25000 - ₹38000 per month that depends on your interview. It's a Full Time job in Mumbai.
3. How many working days are there for this Purchase Executive job?
   Ans: This Purchase Executive job will have 6 working days.
4. Are there any charges applicable while applying or joining this Purchase Executive job?
   Ans: No, there is no fee applicable for applying this Purchase Executive job and during the employment with the company, i.e., BHARAJ MACHINERIES.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Purchase Executive role?
   Ans: There is an immediate opening of 2 Purchase Executive at BHARAJ MACHINERIES
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Back Office / Data Entry job.
8. What are the timings of this Purchase Executive job?
   Ans: This Purchase Executive job has 09:00 AM - 06:00 PM timing.