Key ResponsibilitiesIdentify, evaluate, and develop suppliers and vendors for engineering materials and equipment.Handle end-to-end procurement activities including sourcing, RFQs, quotations, negotiations, and purchase order processing.Compare quotations and prepare techno-commercial evaluations.Negotiate pricing, delivery schedules, payment terms, and contracts with suppliers.Ensure timely procurement of materials to support project and production schedules.Coordinate with engineering, production, stores, and project teams for material requirements.Monitor supplier performance related to quality, cost, and delivery.Maintain procurement records, vendor databases, and purchase documentation.Track order status and expedite deliveries to avoid project delays.Ensure compliance with company procurement policies and procedures.Analyze market trends and identify cost-saving opportunities.Resolve supplier-related issues regarding quality, quantity, and delivery.
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We are seeking a dedicated Purchase Executive to join our team in Nashik. In this role, you will play a key part in ensuring that our purchasing processes run efficiently. The ideal candidate should be detail-oriented and possess strong organizational skills.Key Responsibilities:- Supplier Research: Identify and evaluate potential suppliers to find the best sources for products, ensuring quality and cost-effectiveness.- Purchase Orders Management: Prepare and process purchase orders, ensuring accuracy in quantities and specifications to prevent supply chain disruptions.- Inventory Management: Monitor stock levels regularly to ensure that necessary items are available while minimizing excess inventory.- Price Negotiation: Communicate with suppliers to negotiate prices and terms, aiming to secure the best deals that benefit the company.- Supplier Relationship Management: Build and maintain strong relationships with suppliers, fostering teamwork and collaboration to ensure a smooth purchasing process.- Market Trends Analysis: Keep up-to-date with market trends to make informed purchasing decisions that align with company needs and goals.Required Skills and Expectations:- A bachelors degree in Commerce (B.Com) or Engineering (B.E) is preferred.- Strong analytical and problem-solving skills are essential for evaluating suppliers and products.- Excellent negotiation skills to achieve favorable purchasing terms.- Proficiency in Microsoft Office Suite, especially Excel, to manage data effectively.- Good communication skills for interacting with suppliers and team members.- A proactive approach to work with a keen attention to detail, ensuring accuracy in all tasks. - Ability to work in a fast-paced environment, multitasking effectively to meet deadlines.