Purchase Executive

The Purchase Executive is responsible for managing the procurement process including vendor sourcing, purchase order management, material receipt, and tracking material usage. The role ensures timely purchasing of materials at competitive prices while maintaining accurate records and supporting operational efficiency.

Key Responsibilities

• Identify and purchase required materials from approved vendors.
• Create and issue purchase orders as per company requirements.
• Coordinate with vendors regarding pricing, delivery schedules, and order confirmation.
• Maintain proper purchase records and documentation.
• Handle purchase receipt entries and verify received materials with purchase orders.
• Conduct vendor comparison and price analysis to ensure cost-effective procurement.
• Track purchased materials from procurement to consumption.
• Monitor stock levels and inform management for timely replenishment.
• Maintain vendor database and develop good vendor relationships.
• Prepare purchase reports and summaries for management.
• Ensure compliance with company procurement policies and procedures.
• Support other operational and administrative tasks related to procurement.

Required Skills

• Basic knowledge of procurement and inventory processes
• Strong negotiation and vendor management skills
• Good record keeping and documentation ability
• Proficiency in Excel / ERP / accounting software
• Attention to detail and analytical skills
• Good communication and coordination abilities