Purchase Executive

1. Procurement of Electronic Components

• Identify, evaluate, and source electronic components such as ICs, MOSFETs, IGBTs, capacitors, controllers, PCBs, connectors, transformers, sensors, and power modules.

• Manage local & global purchasing from countries like China, Taiwan, Japan, USA, and Europe.

• Develop and maintain strong supplier relationships with global distributors (e.g., Digi-Key, Mouser, Arrow, RS Components, Element14).

2. Vendor Management

• Identify new suppliers and evaluate them based on quality, cost, delivery, and compliance.

• Negotiate pricing, delivery terms, MOQs, lead times, and annual contracts.

• Conduct vendor audits with coordination from QA/R&D when required.

3. Coordination with R&D & Production

• Understand BOM (Bill of Materials) and project requirements from the R&D team.

• Work closely with R&D to ensure availability of the right components for prototypes and mass production.

• Coordinate with production to maintain optimum inventory levels and prevent line stoppage.

4. Order Management

• Prepare Purchase Orders (POs) and follow up with suppliers for timely delivery.

• Manage import documentation, shipping terms (Incoterms), customs clearance, and logistics.

• Track shipments end-to-end for international orders.

5. Cost Control & Analysis

• Conduct cost comparison, market analysis, and monitor price fluctuations in electronic components.

• Identify cost-saving opportunities without compromising quality.

• Work on alternate sourcing with R&D for long lead-time or obsolete components.

6. Inventory & Documentation

• Maintain accurate records of purchase transactions, supplier data, and pricing history.

• Ensure timely GRN entries and coordination with the store department.

• Maintain component lifecycle management (EOL / NRND tracking).

• It is a Full Time Sales / Business Development job for candidates with 2 - 5 years of 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 2 - 5 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹25000 - ₹35000 per month that depends on your interview. It's a Full Time job in Ahmedabad.
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., Power Palazzo Private Limited.
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 1 Purchase Executive at Power Palazzo Private Limited
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Sales / Business Development job.
8. What are the timings of this Purchase Executive job?
   Ans: This Purchase Executive job has 10:00 AM - 07:00 PM timing.