Indirect Purchase Executive

JOB DISCRIPTION: INDIRECT PURCHASE EXECUTIVE ·      Company: Vinayak Enterprises ·      Location: Jhilmil, Delhi ·      Employment Type: Full-time, On-site ·      Department: Purchase   Company Overview: Established in 2015, Vinayak Enterprises is a New Delhi-based manufacturing company specializing in high-quality aluminium wire rod production through advanced recycling of scrap metal. With roots dating back to 1995, we are committed to sustainability, precision, and excellence in serving the electrical and industrial sectors. Our vision is to become a leading brand recognized for superior quality and responsible manufacturing.   Position Summary: We are seeking a proactive and skilled Indirect Purchasing Executive with 2-3 years of experience to manage the procurement of essential goods and services for our organization. The ideal candidate will possess strong negotiation skills, an in-depth understanding of wholesale markets, and the ability to source a wide range of items efficiently through telephonic communication. This role is crucial in ensuring timely and cost-effective acquisition of indirect materials, supporting our daily operations.   Key Responsibilities: · Vendor Sourcing & Management: Identify, evaluate, and establish strong relationships with suppliers, with a primary focus on wholesale markets such as Bhagirath Market, Chawadi Bazar, and similar specialized hubs. ·  Price Negotiation & Cost Optimization: Conduct strategic negotiations with vendors to secure the most competitive prices, favorable terms, and high-quality products for indirect purchases. · Order Placement & Follow-up: Efficiently place purchase orders over the phone for various indirect items, including office supplies, facility management goods, IT peripherals, general hardware, and other operational necessities. Ensure timely delivery and follow up on orders as needed. ·  Market Intelligence: Continuously research and stay updated on market trends, product availability, and pricing fluctuations to inform purchasing decisions and identify new sourcing opportunities. ·  Quality & Compliance: Ensure that all procured goods meet specified quality standards and internal requirements. ·  Documentation & Reporting: Maintain accurate records of all purchase transactions, vendor details, and negotiation outcomes. Generate reports on procurement activities, cost savings, and supplier performance. ·  Problem Resolution: Proactively address and resolve any issues related to orders, deliveries, or product quality with suppliers. Qualifications & Skills: Education: A Bachelor's degree or equivalent practical experience in Business Administration, Supply Chain Management, or a related field is preferred. Experience & Skills: · Experience: 2-3 years of proven experience in an indirect purchasing, procurement, or sourcing role. · Market Knowledge: Demonstrated practical knowledge and experience with wholesale markets in Delhi (e.g., electrical, hardware, general merchandise, etc.). · Communication & Negotiation: Exceptional verbal communication and negotiation skills, with a strong ability to conduct business effectively over the phone. · Proactive & Resourceful: Highly self-motivated, with the ability to work independently, take initiative, and find effective sourcing solutions. · Attention to Detail: Meticulous in managing documentation, purchase orders, and ensuring accuracy in all transactions. · Technical Proficiency: Basic proficiency in MS Office Suite (especially Excel) for record-keeping and reporting. · Problem-Solving: Strong analytical and problem-solving abilities to handle procurement challenges.