Lead Purchase Executive

Position

Procurement Executive / Senior Procurement Executive

Department

Supply Chain / Procurement

Job Summary

The Procurement Executive is responsible for managing end-to-end procurement activities for electronic and mechanical components, ensuring timely material availability to support production while optimizing cost, quality, and delivery. The role involves supplier coordination, ERP/MRP management, inventory control, procurement process improvements, and proactive risk mitigation for critical materials.

Key Responsibilities

• Process purchase orders for electronic and mechanical materials based on approved purchase requisitions, contracts, and production requirements.
• Follow up with suppliers for purchase order acknowledgements, production status, delivery schedules, and ensure on-time material availability.
• Coordinate with Stores, Quality Assurance, Planning, and Production teams to ensure smooth receipt, inspection, and acceptance of materials.
• Monitor MRP exceptions and update Expected Time of Delivery (ETD) accurately in the ERP system.
• Verify supplier invoices, track Goods Receipt Notes (GRNs), and resolve discrepancies related to quantity, pricing, quality, or delivery.
• Maintain accurate procurement records, purchase documentation, and ERP master data while ensuring compliance with internal procurement policies and procedures.
• Identify, evaluate, and onboard new domestic and international suppliers to improve cost, quality, lead time, and supply reliability.
• Manage procurement activities for both domestic and import suppliers, including order tracking, logistics coordination, and documentation.
• Develop procurement strategies for high lead-time and critical components by implementing proactive planning and supply risk mitigation measures.
• Monitor inventory levels and support inventory flow control to maintain optimum stock while minimizing excess and shortages.
• Collect supplier quotations, perform techno-commercial comparisons, and support supplier selection based on quality, cost, delivery performance, and commercial terms.
• Drive procurement process automation and continuous improvement initiatives to enhance operational efficiency and reduce cycle time.
• Support end-to-end Procure-to-Pay (P2P) activities, ensuring timely procurement and payment processing.
• Build and maintain strong supplier relationships to ensure consistent performance and continuous improvement.

Required Skills & Competencies

• Strong knowledge of Procurement, Supply Chain Management, and Inventory Control.
• Hands-on experience with ERP systems and Material Requirements Planning (MRP).
• Good understanding of the complete Procure-to-Pay (P2P) cycle.
• Experience handling both domestic and import procurement.
• Knowledge of supplier management, sourcing strategies, and vendor development.
• Understanding of inventory planning and material flow management.
• Strong analytical, negotiation, and communication skills.
• Ability to manage multiple priorities in a fast-paced manufacturing environment.
• Proficiency in Microsoft Excel and ERP reporting tools.
• Experience in procurement automation and process improvement initiatives is preferred.

Qualification

• Bachelor's Degree in Engineering, Electronics Engineering, Industrial Engineering, Supply Chain Management, or a related discipline.

Experience

• 48 years of experience in procurement or supply chain within a manufacturing environment, preferably involving electronic and mechanical components.