Purchase Executive

Job Summary

The Purchaser is responsible for sourcing, negotiating, and procuring raw materials, molds, consumables, and services required for injection molding operations. The role ensures timely availability of quality materials at optimal cost while maintaining strong vendor relationships and compliance with company policies.

Key Responsibilities

1. Raw Material Procurement

• Purchase plastic granules (PP, HDPE, LDPE, ABS, Nylon, etc.), masterbatches, additives, and colorants

• Ensure material availability as per production planning

• Monitor price trends of polymers and negotiate best rates

2. Vendor Management

• Identify, evaluate, and develop approved suppliers

• Negotiate prices, payment terms, delivery schedules, and contracts

• Maintain vendor performance records (quality, delivery, pricing)

3. Purchase Order Management

• Prepare and issue Purchase Orders (POs)

• Follow up with suppliers for timely dispatch and delivery

• Coordinate with stores and production for material receipt

4. Inventory Control

• Monitor stock levels and reorder points

• Avoid stock shortages and over-stocking

• Coordinate with stores for GRN, shortages, and rejection handling

5. Quality & Compliance

• Ensure materials meet technical and quality specifications

• Coordinate with QA for material inspection and approvals

• Handle supplier rejections and replacements

6. Cost Control & Reporting

• Maintain purchase records, MIS, and cost analysis reports

• Support cost reduction initiatives and alternate sourcing

• Ensure compliance with company policies and audit requirements

7. Coordination

• Liaise with Production, Planning, QA, Stores, Accounts, and Logistics

• Support new product development by sourcing new materials/molds

  Required Skills & Competencies

  • Knowledge of plastic raw materials and injection molding process

  • Strong negotiation and communication skills

  • Vendor development and relationship management

  • Inventory planning and cost control

  • ERP / SAP / Tally knowledge preferred

  • MS Excel and documentation skills

  Key Performance Indicators (KPIs)

  • Material availability vs production plan

  • Cost savings achieved

  • Supplier delivery performance

  • Inventory turnover and stock accuracy

• It is a Full Time Manufacturing job for candidates with 4 - 5 years of experience.