Purchase Executive

Location: Mohali

Were seeking an experienced Purchase Manager to lead our procurement and vendor-management functions across India. The role demands a balance of commercial acumen, technical understanding, and strong coordination with production, QC, and audit teams.

Key Responsibilities

• Vendor Development & Management: Identify, evaluate, and onboard new vendors for castings, forgings, machining, and bought-out parts in accordance with RDSO / ISO quality requirements.
• Procurement & Negotiation: Negotiate contracts, price terms, and delivery schedules to ensure best value procurement without compromising on quality or compliance.
• Compliance & Audit Support: Maintain vendor documentation in line with ISO 9001 / 14001 / 45001 and internal audit requirements. Assist during supplier and third-party audits with traceable procurement records.
• Inventory & Material Planning: Coordinate with production and stores to maintain optimum stock levels — ensuring material availability without excess inventory. Implement FIFO, MRP, and reorder level planning.
• **Performance Evaluation:**Monitor vendor quality, delivery reliability, and service performance. Generate Vendor Rating Reports and initiate improvement plans where needed.
• Logistics & Coordination:
• Oversee movement of critical components, manage transportation vendors, and ensure timely inward inspection and GRN closures.
• Cost & Process Optimization: Identify cost-saving opportunities through alternate sourcing, long-term agreements, and lean supply-chain strategies.

Desired Skills & Competencies

• Strong understanding of industrial procurement, vendor evaluation, and ISO compliance.
• Excellent negotiation, communication, and analytical skills.
• Proficiency in ERP / Excel / documentation management systems.
• Knowledge of logistics, taxation (GST), and supplier quality standards.
• Ability to handle multi-location vendors and travel frequently for inspections and negotiations.

Qualifications

• Bachelor’s degree in Mechanical , Supply Chain or Business Administration (MBA preferred).
• 5–12 years of experience in procurement or vendor management within railway, heavy engineering, or automotive industries.
• Familiarity with ISO documentation, vendor audits, and material traceability.