Purchase Executive

JOB DESCRIPTION – PURCHASE EXECUTIVE

Position: Purchase Executive

Department: Purchase / Procurement

Location: Bidadi / Bengaluru

Experience: 2–5 Years

Employment Type: Full-Time

Reporting To: Purchase Manager / Management

Job SummaryWe are looking for a Purchase Executive to manage day-to-day procurement activities, vendor coordination, purchase orders, material availability, and timely delivery of required materials at competitive prices.

• Key ResponsibilitiesIdentify and evaluate suitable suppliers and vendors.
• Obtain quotations, compare prices, and negotiate commercial terms.
• Prepare and issue Purchase Orders (POs) after obtaining necessary approvals.
• Coordinate with vendors regarding price, quality, quantity, delivery schedules, and payment terms.
• Follow up on pending purchase orders and ensure timely delivery of materials.
• Maintain purchase records, vendor details, quotations, and related documents.
• Coordinate with Stores, Production, Accounts, and other departments regarding material requirements.
• Verify material requirements and ensure procurement as per approved specifications.
• Monitor vendor performance, quality, delivery, and service.
• Develop and maintain good relationships with existing and new suppliers.
• Support cost reduction and procurement improvement initiatives.
• Resolve issues related to shortages, damaged materials, incorrect supplies, and delayed deliveries.
• Maintain proper documentation for audit and compliance purposes.
• Prepare regular purchase reports and provide updates to management.
• Required SkillsGood knowledge of purchase and procurement processes.
• Strong vendor negotiation and communication skills.
• Good knowledge of MS Excel, Word, and ERP/software systems.
• Ability to compare quotations and analyze prices.
• Good follow-up and coordination skills.
• Knowledge of inventory and material management.
• Good written and verbal communic