Purchase Executive

Job Summary:

We are looking for a proactive and detail-oriented New Vendor Development Executive to identify,

evaluate, and onboard reliable suppliers that meet our quality, cost, and service standards. The ideal

candidate will have strong experience in sourcing, negotiation, vendor management, and cross-functional

coordination within a fast-paced environment.

Key Responsibilities:

1. Vendor Identification & Evaluation

• Identify new suppliers through market research & suppliers across various commodities like

Plastics, Sheet metal, Rubber parts etc.

• Evaluate potential vendors based on capability, reliability, quality systems, pricing, and delivery

performance.

• Conduct supplier audits and technical assessments in collaboration with quality and engineering

teams.

2. Vendor Onboarding & Development

• Facilitate the vendor registration and onboarding process.

• Work closely with suppliers to ensure compliance with company requirements, certifications, and

documentation.

• Develop vendors to meet specific product or project needs through training and capacity-building

initiatives.

3. Sourcing & Negotiation

• Request and analyze quotations, compare cost structures, and perform commercial evaluations.

• Negotiate pricing, payment terms, lead times, and long-term agreements to achieve cost savings.

• Ensure competitive procurement by maintaining a healthy vendor base.

4. Relationship & Performance Management

• Build sustainable, long-term relationships with vendors to improve supply reliability.

• Monitor vendor performance using KPIs such as quality, delivery, cost, and responsiveness.

• Address supplier issues and implement corrective actions to ensure continuous improvement.

5. Cross-Functional Coordination

• Work closely with procurement, production, quality, R&D, and finance teams to align vendor

capabilities with business needs.

• Support new product development (NPD) by sourcing new materials, components, or services.

• Assist in cost optimization and supply chain efficiency projects.

Experience

• 3-5+ years as A.M./Executive in purchase Knowledge of Plastic RM, Metal & rubber component purchase

Qualification

• Diploam or B.Tech Mechanical & Good knowledge of vendor development Must be computer

Savy.