Purchase executive

Job description

Job Title: Material Purchase Executive

Location: Lawrence Road, Delhi

Experience Required: 4–7 years

Qualification: Diploma in Mechanical

Job Summary: We are looking for a skilled and detail-oriented Material Purchase Executive to manage the procurement of materials, vendor development, and purchase operations. The ideal candidate will have a strong background in vendor management, negotiation, and VOI (Verification of Invoices), along with experience in handling industrial material purchases. Key Responsibilities:  Identify, evaluate, and manage vendors to ensure timely supply of quality materials.  Conduct vendor negotiations for pricing, contracts, and credit terms.  Maintain vendor records and ensure compliance with company policies.  Handle VOI (Verification of Invoices) and coordinate with accounts for timely payments.  Monitor inventory levels and raise purchase requests as per production requirements.  Ensure timely delivery of materials without affecting production schedules.  Conduct market research for alternative vendors and cost-saving opportunities.  Work closely with the production and quality teams to ensure materials meet technical specifications.  Prepare purchase orders, maintain documentation, and generate periodic procurement reports. Key Skills & Competencies:  Strong knowledge of vendor management and procurement processes.  Hands-on experience in VOI (Verification of Invoices).  Good negotiation and communication skills.  Strong analytical and problem-solving ability.  Proficiency in MS Office and ERP systems (preferred).  Ability to handle multiple tasks and work under pressure