Purchase Executive
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Job Description
To procure materials at the right quality, quantity, price, and delivery timeline to ensure uninterrupted business operations while maintaining optimum inventory levels and complying with company procurement policies.Key Responsibilities
• Review Purchase Requisitions (PRs) and create Purchase Orders (POs) in SAP.
• Procure materials based on MRP, Sales Orders, Re-order Levels, and business requirements.
• Obtain quotations, evaluate suppliers, negotiate commercial terms, and finalize purchases.
• Follow up with suppliers to ensure timely order confirmation and deliveries.
• Coordinate with Sales, Planning, Warehouse, Logistics, and Finance for smooth procurement execution.
• Monitor inventory levels to prevent stock-outs and excess inventory.
• Develop and maintain strong relationships with approved suppliers and identify alternate sources.
• Maintain accurate procurement records and ensure compliance with SOPs, approval matrix, and statutory requirements.
• Support internal and external audits by providing required procurement documentation.
• Prepare and review procurement MIS reports, including pending PO status, supplier performance, and cost-saving initiatives.
Key Performance Indicators (KPIs)
• Purchase OTIF (On-Time In-Full)
• Supplier On-Time Delivery (%)
• Purchase Price Variance (PPV)
• Purchase Order Turnaround Time
• Stock-out Incidents
• Cost Savings Achieved
• Vendor Performance Rating
• Inventory Days
Requirements
Department: Category Management - ABB Switchgear
Experience: 5
Posted: 2026-09-03T11:17:44.533Z