Purchase Executive

To ensure timely procurement and supply of inventory, material supplies goods which meet stated standards at well-negotiated price, delivery, and credit terms. Responsible for vendor development, supply planning, follow-ups, reporting, and coordination across departments to maintain uninterrupted production and smooth supply chain operations.

ESSENTIAL DUTIES & RESPONSIBILITIES :

• Responsible for efficient purchasing of inventory, supplies and consumables
• Conduct demand forecasting by analyzing sales trends, production plans, and historical consumption to project material requirements.
• Plan and monitor material requirements as per demand forecasts and production schedules, ensuring availability without overstocking.
• Coordinate and follow up with vendors for on-time deliveries, expediting shipments where required.
• Responsible for vendor evaluation / re-evaluation and selection based on production and distribution capabilities, performance, and consistent quality assurance.
• Source new / alternate vendors when necessary. Approve vendors based on :

(i) Past history method

(ii) Third-party approval

(iii) References from customers / other vendors

ORGANISATIONAL RELATIONSHIPS :

QUALIFICATIONS & EXPERIENCE REQUIRED :