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Nibav Lifts
Purchase Executive
14 days ago
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Important information
Contract type:
Permanent
Salary:
₹275,000 – ₹350,000 / year
Location:
Sriperumbudur, Tamil Nadu, India
Work mode:
Onsite
Published on:
8 October 2026
What they need
- Handle end-to-end procurement of raw materials, components, consumables and engineering items as per production requirements.
- Procure sheet metal, aluminium, MS/SS materials, hardware, electrical components, fasteners and other lift components.
- Identify, evaluate and develop new vendors based on quality, cost, delivery and technical capability.
- Obtain and compare quotations, negotiate prices and commercial terms with suppliers.
- Prepare and release Purchase Orders (POs) as per approved requirements.
- Coordinate with Production, Planning, Stores, Quality and Engineering teams to understand material requirements.
- Follow up with vendors for on-time delivery and ensure materials are received as per committed schedules.
- Monitor pending POs, material shortages, delayed supplies and urgent procurement requirements.
- Coordinate with Quality and Stores teams for incoming material inspection and rejection handling.
- Negotiate price, credit terms, lead time, transportation and other commercial conditions with vendors.
- Maintain proper vendor records, quotations, comparative statements, POs and procurement documentation.
- Support cost reduction and vendor development initiatives through price benchmarking and alternate sourcing.
- Coordinate with vendors regarding quality issues, replacement, rejection, shortage and corrective actions.
- Verify invoices, delivery challans, PO details and material quantities in coordination with Accounts and Stores.
- Maintain purchase MIS and vendor performance reports covering cost, quality and delivery.
- Monitor market prices and identify opportunities for alternate materials and cost-effective sourcing.
- Ensure procurement activities comply with company policies, approval procedures and required quality standards.
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