The Purchase Executive is responsible for sourcing, negotiating, and purchasing goods and services required by the organization. This role ensures timely procurement at optimal cost, quality, and quantity while maintaining strong vendor relationships and compliance with company policies.
Identify, evaluate, and select suppliers based on price, quality, and delivery time
Prepare and process purchase requisitions and purchase orders
Negotiate contracts, pricing, and payment terms with vendors
Monitor inventory levels and ensure timely replenishment
Coordinate with internal departments to understand procurement needs
Track and follow up on orders to ensure on-time delivery
Maintain accurate records of purchases, invoices, and supplier details
Resolve supplier-related issues such as delays, shortages, or quality concerns
Ensure compliance with company procurement policies and procedures
Analyze market trends and cost-saving opportunities
Bachelor’s degree
Proven experience as a Purchase Executive or similar procurement role
Strong negotiation and communication skills
Knowledge of procurement processes and vendor management
Proficiency in MS Excel, ERP, or procurement software
Ability to multitask and work under deadlines
Good analytical and problem-solving skills