Sr. Purchase Executive

Job Description – Senior Purchase Executive / Assistant Manager – Purchase

Job Title: Senior Purchase Executive / Assistant Manager – Purchase
Department: Purchase / Procurement
Experience: 6–10 Years
Employment Type: Full-Time
Location: Bhuj
Reporting To: Purchase Manager / Head – Procurement

Job Summary

We are looking for an experienced Senior Purchase Executive / Assistant Manager – Purchase to manage procurement activities, vendor development, cost optimization, and timely availability of materials. The candidate will be responsible for coordinating with internal departments and suppliers to ensure the right quality, quantity, price, and delivery of materials.

Key Responsibilities

• Manage end-to-end procurement activities for direct and indirect materials.
• Identify, evaluate, develop, and maintain reliable suppliers.
• Source materials as per production requirements and approved specifications.
• Float RFQs, analyze quotations, negotiate prices, and finalize commercial terms.
• Prepare and release Purchase Orders (POs) as per company procedures.
• Negotiate pricing, payment terms, delivery schedules, warranty, and other commercial conditions.
• Follow up with suppliers to ensure timely delivery of materials.
• Coordinate with Production, Planning, Stores, Quality, Engineering, Finance, and Maintenance teams.
• Monitor purchase orders and ensure timely closure of pending orders.
• Develop alternate sources to minimize supply risks and dependency on single vendors.
• Evaluate supplier performance based on quality, cost, delivery, and service.
• Handle supplier-related issues such as delays, quality problems, shortages, and commercial disputes.
• Support cost-reduction initiatives through negotiation, alternate sourcing, and value engineering.
• Maintain appropriate procurement documentation, vendor records, quotations, and purchase data.
• Monitor market trends, material prices, and supplier capabilities.
• Ensure procurement activities comply with company policies and approval processes.
• Support inventory optimization and avoid excess/obsolete inventory.
• Participate in supplier audits and vendor development activities.
• Prepare MIS and procurement reports for management review.

Vendor Development Responsibilities

• Identify and develop new vendors based on technical and commercial requirements.
• Conduct supplier evaluations and coordinate supplier qualification processes.
• Maintain a supplier database and regularly review vendor performance.
• Work with Quality and Engineering teams for new vendor approvals.
• Develop alternate vendors for critical and high-value components.

Required Qualifications

• Diploma / B.E. / B.Tech in Mechanical / Production / Industrial Engineering or equivalent.
• 6–10 years of relevant experience in Purchase / Procurement / Sourcing, preferably in a manufacturing or engineering company.
• Experience in procurement of engineering components, fabricated parts, machining components, bought-out items, consumables, or industrial materials will be preferred.
• Strong negotiation and vendor-management skills.
• Good knowledge of ERP/MRP systems and MS Excel.
• Good understanding of commercial terms, purchase processes, and supplier management.

Key Skills

• Strategic & Operational Procurement
• Vendor Development & Management
• Cost Negotiation
• RFQ & Comparative Statement Preparation
• Purchase Order Management
• Supplier Evaluation
• Cost Reduction & Cost Control
• Material Planning & Follow-up
• Market & Price Analysis
• ERP / SAP / MRP
• MS Excel
• Communication & Negotiation
• Problem Solving

Key Performance Indicators (KPIs)

• Purchase cost savings
• On-time material delivery
• Supplier performance
• Purchase price variance
• Reduction in procurement lead time
• Vendor development and alternate sourcing
• Material availability
• Inventory optimization
• Quality-related supplier issues
• PO closure and procurement cycle time

Preferred Industry Experience

Candidates from Heavy Engineering, Mining Equipment, Industrial Machinery, Fabrication, Machining, Automotive, Capital Equipment, or Manufacturing industries will be preferred.

Pay: ₹30,000.00 - ₹50,000.00 per month

Work Location: In person