Purchase Executive

Roles and Responsibilities

1. Responsible for maintaining approved suppliers list and complying with limitations imposed on Suppliers

2. Planning of Puchasing activities and negotiation based on To Do List.

3.Responsible for consulting authorities while finalizing orders

4. Communicating with Suppliers about requirements of Product or Services

5. Obtaining acknowledgement of Suppliers against PO issue to fulfill legal requirements.

6. Responsible for overall general purchases

• Expedite the delivery of purchase orders
• Assist in preparing requests for quotations
• Obtain competitive pricing (at least 3 Bids) for specifications as directed
• Prepare budget for purchase
• Prepare reports such as bid summaries
• Close project files and maintain project storage log
• Maintain disclaimers, credit applications and vendor information

Accountability:

1. Accountable for proper supplier selection based on delivery & cost

2. Accountable for any loss caused to the Company due to negligence

3. Maintaining Supplier Performance Ratings

4. Accountable for compliance to procedural requirements

5. Accountable for on time execution & issue of POs as per To Do List

6. Ensuring 100% materials are ordered as per Indent & BOM

7. Accountable for managing Purchasing upon revision of requirement

Authority:

1. Authorized for Initial negotiation with the suppliers

2. Authorized for releasing POs upon having required approval & review