Job Summary
We are looking for a detail-oriented and cost-conscious Purchase Executive to manage procurement activities for a manufacturing unit. The role involves sourcing raw materials, negotiating with suppliers, ensuring timely deliveries, and maintaining optimal inventory levels while controlling costs and maintaining quality standards.
Key Responsibilities
- Identify, evaluate, and develop reliable suppliers for raw materials, components, and consumables
- Source materials required for production (e.g., steel, chemicals, packaging, or machinery parts)
- Negotiate pricing, payment terms, and contracts with vendors
- Issue purchase orders and ensure timely procurement as per production schedules
- Coordinate with production, planning, and stores teams for material requirements
- Monitor inventory levels to avoid shortages or overstocking
- Ensure quality compliance of procured materials in coordination with QC team
- Track and follow up on deliveries to ensure on-time supply
- Maintain vendor database and performance records
- Analyze market trends and pricing fluctuations to optimize purchasing decisions
- Handle vendor payments coordination with the accounts department
- Ensure compliance with company policies and procurement procedure
Skills: consumables,materials,raw materials,compliance,database,procurement,components,deliveries
