Purchase Executive

We are looking for an experienced Purchase & Procurement Executive who can independently handle vendor coordination, quotation comparison, price negotiation, commercial negotiation, purchase order preparation & release, and material follow-up.

• Key Responsibilities Handle day-to-day purchase and procurement activities.
• Collect and compare vendor quotations and prepare comparative statements.
• Negotiate prices, payment terms, delivery timelines, freight, GST, warranty, and other commercial terms with vendors.
• Identify and develop new vendors as per company requirements.
• Prepare and release Purchase Orders (POs) after obtaining the required approvals.
• Ensure accuracy of item specifications, quantity, rates, GST, payment terms, and delivery dates in POs.
• Follow up with vendors for PO confirmation and timely material delivery.
• Coordinate with Engineering, Projects, Stores, Accounts, and other departments.
• Monitor pending/open POs and maintain proper purchase records.
• Handle PO amendments, revisions, and cancellations when required.
• Resolve vendor-related issues regarding price, delivery, quality, and documentation.
• Maintain vendor database, quotations, comparative statements, POs, and purchase records.
• Support management in cost reduction and better procurement terms.
• Required Skills Good vendor negotiation skills.
• Experience in Purchase Order (PO) preparation and release.
• Good knowledge of quotation comparison and procurement procedures.
• Strong vendor follow-up and coordination skills.
• Good knowledge of MS Excel and MS Office.
• Basic understanding of GST, payment terms, delivery terms, and commercial conditions.
• Good communication and interpersonal skills.
• Ability to work independently and manage multiple purchase requirements.