Job Summary:
We are seeking a highly experienced and diligent Sr. Purchase Executive to join our team in Dharashiv. The Sr. Purchase Executive will be responsible for overseeing the procurement of raw materials, goods, and services essential for our operations, ensuring cost-effectiveness, timely delivery, and quality adherence. The ideal candidate will possess strong negotiation skills, extensive vendor management experience, and a deep understanding of procurement best practices within the Indian market.
Key Responsibilities:
Procurement Planning & Execution:
Develop and implement procurement strategies to source goods, raw materials, equipment, and services efficiently and cost-effectively.
Receive purchase requisitions from various departments, review specifications, and ensure alignment with budget and project requirements.
Prepare and issue Request for Quotations (RFQs), Request for Proposals (RFPs), and Purchase Orders (POs) in accordance with company policy.
Monitor and expedite orders to ensure on-time delivery and resolve any supply chain issues.
Vendor Management & Relationship Building:
Identify, evaluate, and select new suppliers and vendors based on quality, price, delivery capabilities, and reliability.
Negotiate favorable terms, conditions, pricing, and payment schedules with suppliers to achieve cost savings and value for money.
Maintain strong, long-term relationships with existing suppliers, fostering mutual trust and beneficial partnerships.
Conduct regular vendor performance evaluations and address any non-compliance issues.
Cost Optimization & Market Research:
Continuously research market trends, new products, and alternative suppliers to identify cost reduction opportunities without compromising quality.
Analyze spending patterns and identify areas for consolidation or negotiation.
Stay updated on commodity prices and supply chain dynamics relevant to the industry.
Inventory & Logistics Coordination:
Coordinate with the inventory/warehouse team to ensure optimal stock levels and prevent shortages or excesses.
Work closely with logistics and dispatch teams to ensure smooth inward movement of materials.
Compliance & Documentation:
Ensure all procurement activities adhere to company policies, ethical guidelines, and relevant statutory regulations (., GST, local taxes).
Maintain accurate and organized records of all purchase orders, contracts, supplier agreements, and other procurement-related documents.
Generate various procurement reports for management analysis.
Team Collaboration:
Liaise effectively with internal stakeholders, including Production, Operations, Finance, and Quality Assurance, to understand their procurement needs and ensure seamless material flow.
Mentor junior purchase staff if applicable.
Experience
2 - 7 Years
No. of Openings
1
Education
Post Graduate Diploma, M.Com
Role
Purchase Executive
Industry Type
Engineering / Cement / Metals
Gender
Female
Job Country
India
Type of Job
Full Time
Work Location Type
Work from Office
Face interview location
Impact HR Solutions Ravi Chambers Basement, Below Laminate Gallery, Office No 8, Canada Corner