Inventory Executive

The Purchase Executive is responsible for procuring raw materials, packaging materials, consumables, spare parts, and services required for smooth plant operations. The role involves vendor management, price negotiation, purchase order generation, inventory monitoring, and ensuring timely material availability.

Key Responsibilities

1. Procure raw materials, packaging materials, engineering spares, and consumables as per plant requirements.
2. Generate and follow up on Purchase Orders (POs).
3. Coordinate with stores, production, maintenance, and quality departments for material requirements.
4. Identify and develop new vendors to ensure competitive pricing and uninterrupted supply.
5. Negotiate prices, payment terms, and delivery schedules with suppliers.
6. Track material deliveries and ensure timely receipt at the plant.
7. Maintain minimum inventory levels and avoid stock-outs.
8. Compare quotations and prepare cost analysis reports.
9. Maintain purchase records, vendor database, and procurement documentation.
10. Resolve supplier-related issues regarding quality, quantity, and delivery.
11. Prepare monthly procurement and cost-saving reports.
12. Ensure compliance with company procurement policies and procedures.

Required Qualifications

• Graduate in Commerce, Business Administration, Engineering, or related field.
• 1-2 years of experience in procurement or purchase, preferably in manufacturing/FMCG industry.
• Knowledge of Tally, Excel, and procurement processes.

Required Skills

• Vendor Management
• Price Negotiation
• Inventory Planning
• Purchase Order Management
• Cost Analysis
• MS Excel & ERP Knowledge
• Communication & Coordination Skills