Purchase Executive

Key Responsibilities

• Handle procurement of mechanical, electrical, and standard bought-out components required for machine manufacturing.
• Identify, evaluate, and develop reliable vendors and suppliers to meet quality, cost, and delivery requirements.
• Review and analyse purchase requisitions, RFQs, and purchase orders in accordance with company policies and procedures.
• Negotiate prices, terms, and delivery schedules with suppliers to ensure the best value.
• Monitor supplier performance and maintain vendor scorecards.
• Coordinate with design, production, and quality teams to ensure specifications and requirements are met.
• Maintain accurate records of purchases, pricing, delivery, and inventory through SAP/ERP systems.
• Follow up on orders to ensure timely delivery and resolve any supply or quality issues.
• Support cost-reduction initiatives by identifying alternative suppliers and value engineering opportunities.
• Ensure compliance with all procurement policies, procedures, and quality standards.

Key Skills \& Requirements

• 3 to 5 years of experience in purchasing within the machine building or industrial equipment manufacturing industry.
• Proven experience in vendor development and supplier relationship management.
• Good knowledge of electrical components, mechanical items, and standard bought-out parts (e.g., motors, sensors, panels, fasteners, bearings, etc.).
• Proficient in SAP or other ERP systems for procurement and inventory management.
• Strong negotiation, analytical, and communication skills.
• Familiarity with ISO standards and procurement compliance.
• Ability to read and interpret engineering drawings and BOMs (Bill of Materials) is a plus.
• Bachelor's degree in Engineering, Supply Chain, or related field (Diploma with relevant experience may be considered).
• Exposure to cost control and strategic sourcing.
• Knowledge of lean procurement and inventory management principles.

Job Types

Full-time, Permanent

Pay

Up to ₹500,000.00 per year

Benefits

• Cell phone reimbursement
• Commuter assistance
• Health insurance
• Leave encashment
• Paid sick time
• Paid time off
• Provident Fund

Experience

• MACHINE BUILDING INDUSTRY: 3 years (Required)

Work Location

In person