Purchase Executive

The Purchase Executive will be responsible for sourcing, vendor coordination, purchase order processing, cost negotiation, and ensuring timely procurement of raw materials, consumables, and production-related items. The role requires strong negotiation skills, vendor management capabilities, and coordination with production, stores, and accounts departments to ensure uninterrupted manufacturing operations.

Key Responsibilities

1. Procurement & Sourcing

• Identify and develop reliable vendors for raw materials, components, consumables, and services.

• Obtain quotations, prepare comparative statements, and negotiate pricing.

• Ensure quality, cost-effectiveness, and timely delivery of materials.

• Issue Purchase Orders (POs) as per approved requisitions.

2. Vendor Management

• Maintain strong relationships with existing suppliers.

• Evaluate vendor performance (quality, delivery, pricing).

• Coordinate for new vendor development and documentation.

3. Coordination & Follow-up

• Coordinate with Production and Stores for material requirements.

• Ensure timely follow-up with suppliers for on-time delivery.

• Resolve supply-related issues and discrepancies.

4. Documentation & Compliance

• Maintain purchase records, quotations, and vendor databases.

• Verify invoices with PO and GRN before forwarding to Accounts.

• Ensure compliance with company procurement policies.

5. Cost Control

• Work towards cost reduction through negotiation and alternate sourcing.

• Monitor market trends and price fluctuations.

• It is a Full Time Manufacturing job for candidates with 2 - 6+ years Experience.