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Nibav Lifts
Purchase Executive
2 months ago
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Important information
Contract type:
Permanent
Salary:
₹250,000 – ₹350,000 / year
Location:
Chennai, Tamil Nadu, India
Work mode:
Onsite
Published on:
17 August 2026
What they need
- Handle day-to-day purchasing activities for materials, spare parts, tools, and services.
- Receive and verify purchase requisitions from different departments.
- Source and evaluate suitable suppliers based on quality, price, delivery, and service.
- Obtain quotations, compare prices, and negotiate with suppliers.
- Prepare and issue Purchase Orders (POs) after obtaining necessary approvals.
- Follow up with suppliers to ensure timely delivery of materials.
- Coordinate with stores and user departments for material receipt and inspection.
- Verify supplier invoices against PO, GRN, delivery challan, and received materials.
- Coordinate with the Accounts team for bill verification and bill closing.
- Ensure bills are properly approved and submitted for payment within the required timeline.
- Resolve discrepancies related to quantity, price, taxes, delivery, or invoice details.
- Maintain purchase orders, quotations, invoices, supplier records, and other procurement documents.
- Monitor pending POs, deliveries, and outstanding supplier bills.
- Coordinate with suppliers regarding payment status and invoice-related issues.
- Support monthly purchase reconciliation and purchase bill closing.
- Maintain proper records for audit and management reporting.
- Develop and maintain good relationships with suppliers.
- Ensure purchases are made as per company policies, approved budgets, and required specifications.
- Identify cost-saving opportunities and alternative suppliers.
- Prepare regular purchase and pending-bill reports for management.
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