Versa Controls Measurement Solutions Pvt Ltd
Purchase Executive
Skills
9 days ago
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Important information
Contract type:
Permanent, Freelance / Contract
Location:
Maharashtra, India
Work mode:
Onsite
Published on:
15 October 2026
What they need
Key Responsibilities
Sourcing & Vendor Management
· Vendor Development: Identify, evaluate, and onboard reliable suppliers for raw materials and standard parts.
· Price Negotiation: Negotiate commercial terms, pricing, and delivery schedules to optimize procurement costs without compromising quality.
· Performance Evaluation: Monitor and audit vendor performance regularly based on quality, lead time, and cost-efficiency.
Procurement Operations
· PO Generation: Raise and release Purchase Orders (POs) in the ERP system based on Material Requisitions (MR) and Bill of Materials (BOM).
· Technical Synchronization: Coordinate closely with the Design and Production teams to understand technical drawings and specifications for custom fixtures and gauges.
· Inward Tracking: Track shipments and follow up with suppliers to ensure the on-time delivery of materials to prevent production downtime.
Inventory & Quality Control
· Inventory Control: Monitor inventory levels of standard inventory items to maintain optimum stock levels and minimize holding costs.
· Rejection Handling: Coordinate with the Quality Assurance team regarding material rejection and handle replacement or credit note processes with vendors.
· Documentation: Maintain accurate records of invoices, purchase orders, material test certificates, and vendor agreements.
Experience & Education
· Experience: 3 to 8 years of core procurement experience in a manufacturing setup, specifically dealing with gauges, fixtures, jigs, or precision machined components.
· Education: Diploma or Bachelor’s Degree in Mechanical Engineering, Production Engineering, or a related technical field.
Technical Skills
· Domain Knowledge: Strong understanding of engineering raw materials (alloys, tool steel) and standard fixture accessories.
· Drawing Interpretation: Ability to read and understand basic 2D/3D engineering drawings to source custom-machined parts.
· Software Proficiency: Hands-on experience working with ERP systems (SAP, Oracle, or local manufacturing ERPs) and MS Excel.
Soft Skills
· Robust negotiation and communication skills.
· Problem-solving mindset with high attention to detail.
Pay: ₹10,000.00 - ₹45,000.00 per month
Benefits:
- Health insurance
- Leave encashment
- Provident Fund
Work Location: In person
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