The Purchase Executive is responsible for sourcing, negotiating, and procuring materials, equipment, and services essential for the organization’s operations. This role ensures timely procurement at competitive prices while maintaining the required quality standards and vendor relationships.
Source, evaluate, and select vendors based on price, quality, delivery, and service.
Create and process purchase orders in the ERP/system.
Monitor inventory levels and coordinate with stores/warehouse for replenishment.
Ensure on-time delivery of goods and follow up with suppliers as needed.
Develop and maintain strong relationships with vendors.
Conduct vendor assessments and performance evaluations.
Negotiate prices, payment terms, and contracts to achieve cost savings.
Compare quotations and prepare cost analyses.
Ensure all procurement activities comply with company policies.
Verify quality of goods received and coordinate with QA/production teams for inspection or rejection.
Maintain accurate records of purchases, pricing, and other important data.
Track purchase orders and deliveries.
Prepare weekly/monthly procurement reports for management.
Work closely with internal departments (Production, Finance, Stores, Projects, etc.) to understand material requirements.
Coordinate with logistics teams for transportation and shipment follow-up.
Strong negotiation and communication skills.
Knowledge of procurement processes, supply chain management, and vendor sourcing.
Proficiency in MS Office and ERP systems (SAP, Oracle, Tally, etc.).
Analytical and problem-solving abilities.
Attention to detail and accuracy.
Bachelor’s degree in Supply Chain, Commerce, Business Administration, or related field.
2–4 years of experience in procurement or purchasing (depending on company requirements).
Office-based role with coordination across departments.
May require visits to suppliers, warehouses, or project sites.