Purchase Executive

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