Purchase Executive
Mira Road East, Mumbai
2 years
Negotiation and ClosureNew Vendor DevelopmentProcurementDecision MakingMIS PreparationVendor NegotiationVendor ManagementNegotiation
Job Description:
Key Responsibilities
(List major responsibilities, that you have, to achieve the key objectives)
• Execute procurement of raw materials, bought-out components, consumables, and services as per requisitions from production, projects, and maintenance teams.
• Float inquiries, evaluate quotations, negotiate pricing, and finalize vendors based on quality, cost, and delivery.
• Issue Purchase Orders (POs) and ensure timely delivery of materials.
• Identify and develop new vendors for critical items, ensuring multiple sources for key materials.
• Conduct vendor evaluations, audits, and performance reviews.
• Maintain vendor master database and develop long-term relationships.
• Negotiate pricing and payment terms to achieve cost savings without compromising on quality.
• Support Make vs Buy analysis when required
• Coordinate with production, planning, design, and stores to ensure material availability and avoid production delays.
• Follow up with suppliers for timely delivery and communicate status updates to relevant teams.
• Ensure all purchase documentation is accurate, complete, and compliant with company policies.
• Maintain records of PO, quotations, price history, and delivery confirmations.
• Support audits and provide necessary procurement documentation.
• Enter all purchase-related data in ERP/SAP system and ensure real-time updating.
• Generate and analyze purchase-related MIS reports.
Minimum Qualification (i.e education, training etc.)- BE/B. Tech/Diploma (B.E. Mechanical preferred)
Minimum Experience- 2 yrs +
Location- Mira Road