Job Description

Job Location: [Madhapur]

Job Type: Full-time

Job Summary:

The Purchase Executive will be responsible for sourcing, negotiating, and procuring materials, supplies, and services necessary for the smooth operation of the company. The role involves developing and maintaining strong relationships with suppliers, ensuring timely delivery, and optimizing purchasing costs without compromising on quality. The candidate will also coordinate with various departments to understand material requirements and maintain an effective procurement process .

Key Responsibilities:

• Procurement of Materials:
• Source and procure materials, products, and services required by various departments.
• Ensure that materials are procured within the required timeline and budget.
• Vendor Management:
• Identify, evaluate, and establish relationships with suppliers and vendors.
• Negotiate favorable terms (pricing, quality, delivery, and payment terms) with suppliers.
• Manage vendor contracts, agreements, and relationships to ensure long-term partnerships.
• Inventory Management:
• Monitor stock levels and place orders as necessary to maintain optimal inventory.
• Ensure that inventory is maintained at appropriate levels to prevent stock shortages or overstocking.
• Cost Control:
• Implement cost-saving strategies in procurement without compromising quality.
• Regularly review and analyze purchasing patterns to find areas for potential cost reductions.
• Purchase Orders and Documentation:
• Prepare and process purchase orders, ensuring accuracy in terms of specifications, quantity, and pricing.
• Maintain accurate records of all transactions, purchase orders, supplier agreements, and invoices.
• Coordination with Internal Departments:
• Work closely with departments like production, finance, and operations to understand their purchasing needs and specifications.
• Ensure materials are available to support uninterrupted operations.
• Supplier Evaluation and Audits:
• Evaluate supplier performance regularly based on criteria like delivery time, quality of products, and service.
• Conduct periodic supplier audits to ensure compliance with quality standards and company policies.
• Market Research:
• Stay updated on market trends, new products, and changes in prices to make informed procurement decisions.
• Conduct market research to identify potential suppliers and gather information on market pricing .

Key Skills and Competencies:

• Strong negotiation and communication skills.
• Excellent organizational and time management abilities.
• Analytical skills with attention to detail.
• Knowledge of inventory management and supply chain processes.
• Proficiency in Microsoft Office Suite and procurement software (like ERP systems).
• Ability to work well with cross-functional teams.
• Problem-solving skills and ability to handle pressure in a fast-paced environment.

Qualifications and Experience:

• Bachelor's degree in Engineering or related field.
• Proven experience (2-5 years) as a Purchase Executive or in a similar procurement role.
• Experience in managing supplier relationships and negotiating contracts.
• Familiarity with market research, data analysis, and purchasing best practices.

Self-Image:

• Self-Motivation & Positive Attitude:

The candidate should be highly self-motivated, a positive thinker, and a go-getter.

Traits:

Mental Resilience & Pressure Handling:
Candidate should have the mental resilience, pressure handling capability, with a result-oriented approach.

Organizational & Time-Management Skills:
Strong organizational and time-management skills to handle multiple tasks efficiently.

Communication & Interpersonal Skills:
Excellent communication and interpersonal skills to manage client relations and coordinate with teams.

Team Collaboration & Independence:
Ability to work independently and in collaboration with cross-functional teams.

High Energy:
Demonstrates enthusiasm and vigor in daily tasks, consistently maintaining a positive and proactive approach to work.

Persistent:
Stays determined in the face of challenges, continuously striving to achieve goals despite obstacles or setbacks.

Willingness to Learn:
Eager to acquire new knowledge and skills, always open to feedback and opportunities for improvement.

Hospitable:
Friendly and welcoming, ensuring others feel valued and comfortable in interactions, whether with clients, colleagues, or external partners.

Honest:
Maintains integrity in all actions, communicating transparently and upholding trustworthiness in both personal and professional dealings.

Commuting Capability:
Own a bike and have the ability to commute to various sites

Motives:

Hungry for personal growths

Win-win philosophy

Flexibility

Job Type: Full-time

Pay: ?11,167.20 - ?34,209.25 per month

Schedule:

• Day shift
• Morning shift

Education:

• Bachelor's (Preferred)

Experience:

• total work: 1 year (Preferred)

Work Location: In person