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Purchasing Executive

5 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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On-site

Job Type

Full Time

Job Description

Job Title: Purchase Executive Department: Purchase Location: Nagpur Reporting To: Purchase Manager Job Summary: We are looking for a dynamic and detail-oriented Purchase Executive with a Mechanical Engineering background and prior experience in the manufacturing industry , specifically in procurement of steel, raw materials, and consumables . The ideal candidate should be well-versed in sourcing, vendor development, cost negotiation, and material planning, ensuring timely procurement to meet production targets. Key Responsibilities: Procurement Planning: Coordinate with the production and planning team to forecast and plan procurement of steel, raw materials, and engineering consumables. Vendor Management: Identify, evaluate, and develop reliable suppliers for raw materials like MS plates, rounds, structural steel, pipes, and consumables (cutting tools, welding rods, etc.). RFQ & Quotation Analysis: Prepare Request for Quotation (RFQ), obtain multiple quotes, and perform techno-commercial comparison to ensure best value purchase. Negotiation & Cost Control: Negotiate terms, prices, credit, and delivery timelines with vendors to control material costs and improve margins. Purchase Order Management: Create and issue Purchase Orders (POs), follow up for order confirmation, and monitor timely dispatch and delivery of materials. Inventory Coordination: Work closely with the stores and accounts team to maintain optimum inventory levels and avoid stockouts or overstocking. Quality Assurance: Ensure materials are procured from approved sources and adhere to required specifications and quality standards. ERP & Documentation: Maintain accurate records in ERP systems and ensure timely documentation of POs, GRNs, invoices, and vendor performance. Required Skills & Experience: B.E./B.Tech in Mechanical Engineering or equivalent 2–5 years of relevant experience in industrial procurement , especially steel and manufacturing consumables Sound knowledge of grades, specifications, and standards of materials used in fabrication or heavy manufacturing Strong negotiation, analytical, and vendor development skills Hands-on experience with ERP systems (SAP, Oracle, Tally, etc.) Proficient in MS Excel, Word, and Outlook Good communication and coordination skills Preferred Industries: Heavy Engineering / Fabrication Automotive / Railways / Capital Equipment Manufacturing Steel Plants / Foundries / OEMs

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