Purchase Executive

Procurement & Sourcing Identify evaluate and onboard reliable vendors/suppliers for raw materials components and maintenance items Negotiate pricing payment terms and contracts to achieve cost savings without compromising quality Issue purchase orders and track order status through to delivery Ensure compliance with company purchasing policies and procedures Planning & Forecasting Analyze production schedules sales forecasts and historical consumption data to determine material requirements Prepare monthly/quarterly purchase plans aligned with production and demand forecasts Monitor inventory levels to prevent stockouts or excess inventory Coordinate with production Store and planning teams to align procurement with business Page 2 of 3 needs Use ERP system for demand planning and purchase order generation Vendor and Sub-contractor Management Develop and maintain strong vendor / sub-contractor relationships Conduct periodic vendor / sub-contractor performance evaluations (quality delivery pricing) Resolve quality or delivery issues with suppliers / sub-contractors promptly Inventory & Cost Control Monitor stock levels and reorder points to maintain optimal inventory Track price trends and market conditions to make informed purchasing decisions Support cost-reduction initiatives and value engineering projects Documentation & Reporting Maintain accurate purchase records contracts and vendor databases Prepare MIS reports on purchase spend savings and vendor performance Coordinate with stores for timely GRN (Goods Receipt Note) processing and invoice reconciliation with the accounts team Required Skills & Qualifications Supply Chain Management Business Administration or related field 6-8 years of purchase/procurement experience in a manufacturing environment Strong experience in demand planning forecasting and inventory management Proficiency in ERP systems (Tally ERP) and MS Excel Strong negotiation and vendor management skills Analytical mindset with attention to detail Good communication and cross-functional coordination skills Knowledge of procurement KPIs lead times and supply chain fundamentals Experience with Bill of Materials (BOM)-based purchasing

Required Skills:

Vendor ManagementNegotiationProcurementDemand ForecastingInventory ManagementAnalytical ThinkingAttention to DetailTime ManagementCommunication