Purchase Executive

About the role

We are seeking a detail‑oriented Purchase Executive to join our procurement team in Visakhapatnam. The role will drive cost‑effective sourcing, manage vendor relationships and ensure compliance with purchasing policies.

Key responsibilities

• Manage daily purchasing activities and procurement requests in line with approved budgets.
• Source, evaluate and negotiate with suppliers to obtain competitive pricing and high‑quality products.
• Develop and maintain collaborative relationships with approved vendors, ensuring transparent communication.
• Obtain quotations, analyze pricing structures and prepare purchase recommendations with detailed cost‑benefit analysis.
• Ensure all procurement activities comply with organizational policies and maintain meticulous documentation.
• Monitor supplier performance, delivery schedules, product quality and address discrepancies promptly.
• Analyze market trends, identify cost‑saving opportunities and implement innovative sourcing strategies.
• Coordinate with internal stakeholders to clarify specifications and ensure timely fulfillment of purchase orders.
• Maintain organized records of vendor contracts, pricing agreements and procurement history for audit purposes.
• Resolve vendor‑related issues professionally, finding collaborative solutions that benefit all parties.

Required profile

• Bachelor’s degree or Diploma in Supply Chain Management, Procurement, Business Administration, Hotel Management or a related field.
• Minimum 3–5 years of experience in purchasing, procurement or vendor management, preferably in a corporate or hospitality environment.
• Proven track record in vendor evaluation, negotiation and relationship management.
• Strong knowledge of purchasing procedures, procurement policies, cost control methodologies and compliance requirements.
• Experience sourcing categories such as food & beverage supplies, operating equipment, housekeeping supplies and engineering materials.

Required skills

• Advanced proficiency in Microsoft Excel.
• Proficiency in Microsoft Word.
• Proficiency in Microsoft PowerPoint.
• Ability to use Microsoft Office Suite for data analysis and reporting.