Purchase Executive

Roles and Responsibilities :

1. Purchase Planning: Identify material requirements based on production needs.
2. Vendor Management: Find, evaluate, and maintain good relationships with suppliers.
3. Quotation Collection: Obtain and compare quotations from different vendors.
4. Price Negotiation: Negotiate prices, payment terms, and delivery schedules.
5. Purchase Orders: Prepare and release purchase orders (POs).
6. Material Follow-up: Ensure timely delivery of raw materials, spare parts, and other required items.
7. Inventory Coordination: Coordinate with stores and production teams to maintain adequate stock.
8. Quality Coordination: Ensure purchased materials meet the required quality standards.
9. Invoice Verification: Check supplier invoices against purchase orders and delivery documents.
10. Cost Control: Reduce purchasing costs while maintaining quality.
11. Documentation: Maintain purchase orders, quotations, invoices, and vendor records.
12. Department Coordination: Coordinate with production, stores, quality, accounts, and logistics teams.
13. Supplier Performance: Monitor supplier quality, pricing, and delivery performance.
14. MIS Reports: Prepare purchase reports and track pending orders and material costs.

Main objective: To procure the right materials at the right price, quality, and time to ensure smooth production operations.