Purchase Executive

Purchase Executive / Senior Executive – Roles & Responsibilities Procure raw materials, consumables, packaging materials, and engineering spares as per business requirements. Generate and process Purchase Orders (POs) in a timely manner. Identify, evaluate, and develop new suppliers to ensure competitive sourcing. Negotiate prices, payment terms, and delivery schedules with vendors. Ensure timely availability of materials to support uninterrupted production. Monitor inventory levels and coordinate with Stores and Production teams for replenishment planning. Compare quotations and prepare cost analysis reports for management approval. Track and follow up on purchase orders to ensure on-time deliveries. Resolve supplier issues related to quality, quantity, delivery, and invoicing. Maintain accurate procurement records, vendor databases, and purchase documentation. Coordinate with the Quality team to ensure purchased materials meet required specifications. Monitor market trends, material prices, and supplier performance. Implement cost-saving initiatives and support annual procurement targets. Ensure compliance with company procurement policies and procedures. Coordinate with the Finance department for invoice verification and vendor payments. Prepare MIS reports and procurement-related analyses for management review. Build and maintain strong relationships with key suppliers and stakeholders. Support vendor audits, evaluations, and contract management activities. Ensure adherence to statutory, safety, and quality requirements in procurement processes.