Purchase Executive

A Purchase Executive manages the end-to-end procurement process, ensuring cost-effective acquisition of goods and services. Key roles include identifying suppliers, negotiating contracts, managing purchase orders, monitoring inventory levels, and maintaining vendor relationships to support company operations. They ensure timely delivery of materials while adhering to quality standards and budget constraints.

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Core Roles and Responsibilities:

• Supplier Management & Sourcing: Identify, evaluate, and select suppliers based on quality, reliability, and cost. Build and maintain strong vendor relationships while sourcing new materials.

• Negotiation & Contracting: Negotiate pricing, contracts, and terms with vendors to achieve the best deals and reduce costs.

• Purchase Order Management: Create, review, and process purchase orders (POs) accurately and efficiently.

• Inventory & Logistics Control: Monitor stock levels to prevent shortages or overstocking, and track shipments to ensure timely delivery.

• Documentation & Reporting: Maintain meticulous records of purchases, pricing, and contracts. Prepare reports for management regarding vendor performance and expenditure.

• Quality Assurance: Collaborate with internal departments (e.g., operations, engineering) to ensure received materials meet required specifications.

• Cost Management: Analyze market trends to optimize procurement costs and ensure adherence to budgets.

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Qualifications and Skills:

• Education: Bachelor’s degree in Supply Chain Management, Business Administration, or related fields.

• Experience: Proven experience in procurement, typically 1–5 years depending on the seniority (Jr./Sr. Executive).

• Technical Skills: Proficiency in ERP systems (e.g., SAP, Oracle) and MS Office (Excel).

• Soft Skills: Strong negotiation, analytical, communication, and multitasking skills.

• It is a Full Time Back Office / Data Entry job for candidates with 2 - 5 years of experience.