Purchase Executive

Job Description: Purchase Executive

Company Overview

Richa Industries Limited is a diversified manufacturing company headquartered in Faridabad, Haryana, specializing in Pre-Engineered Buildings (PEB), Engineering Procurement and Construction (EPC), and Textiles. Recently acquired and operating as a going concern under new ownership, we are focused on revitalizing operations, driving growth, and delivering high-quality, innovative solutions in steel construction and textile processing. Join us in this exciting phase of transformation and contribute to building a stronger future.

Position: Purchase Executive

Location: Faridabad, Haryana (with possible travel to project sites/suppliers)

Department: Procurement / Supply Chain

Reports To: Purchase Manager / Head of Procurement

Employment Type: Full-Time

Job Summary

We are seeking a dynamic and proactive Purchase Executive to join our procurement team. The ideal candidate will manage the sourcing and procurement of raw materials (such as steel, fabrics, dyes, and components), equipment, and services essential for our PEB, EPC, and textile operations. This role is critical in ensuring cost-effective, timely, and quality-driven procurement to support production efficiency and project delivery under our renewed growth strategy.

Key Responsibilities

• Identify, evaluate, and onboard reliable suppliers/vendors for raw materials (steel sheets, structural components, yarns, fabrics, chemicals), machinery, spares, and indirect materials.
• Negotiate prices, terms, payment conditions, delivery schedules, and contracts to achieve optimal cost savings while maintaining quality standards.
• Prepare and issue purchase orders, follow up on deliveries, and ensure timely receipt of goods/services.
• Conduct market research to identify new suppliers, monitor price trends, and stay updated on industry developments in steel, construction materials, and textiles.
• Coordinate with production, projects, and inventory teams to forecast requirements and avoid stockouts or excess inventory.
• Maintain accurate procurement records, vendor databases, and reports using ERP systems.
• Resolve supplier disputes, handle quality issues, and ensure compliance with company policies, statutory requirements, and ethical sourcing practices.
• Manage vendor performance evaluations and work towards long-term supplier partnerships.
• Assist in cost reduction initiatives, inventory management, and supply chain optimization.
• Ensure adherence to safety, quality, and environmental standards in procurement activities.
• Qualifications and ExperienceBachelor's degree in Commerce, Business Administration, Engineering, or a related field (MBA in Supply Chain/Operations preferred).
• 2-7 years of experience in procurement/purchasing, preferably in manufacturing sectors such as Pre-Engineered Buildings, construction/engineering, steel fabrication, or textiles.
• Proven track record in vendor negotiation, sourcing, and cost optimization.
• Required SkillsStrong negotiation and communication skills.
• Good knowledge of procurement processes, contract management, and supply chain principles.
• Proficiency in MS Office (Excel, Word) and ERP software (e.g., SAP, Tally, or similar).
• Analytical mindset with attention to detail and problem-solving abilities.
• Ability to work in a fast-paced environment and handle multiple priorities.
• Familiarity with GST, import-export procedures (if applicable), and quality standards (ISO preferred).
• What We OfferCompetitive salary and benefits package.
• Opportunity to be part of a revitalized organization with new leadership and growth ambitions.
• Professional development and career advancement in a dynamic manufacturing environment.
• Collaborative and supportive work culture.

How to Apply

Interested candidates should send their updated resume to marketing.support@richa.in with the subject line "Application for Purchase Executive". Shortlisted candidates will be contacted for interviews.

Richa Industries Limited is an equal opportunity employer. We look forward to welcoming talented individuals to our team!