Executive - Parts Contracts Jobs Opening in Vardhinii Electricals Godrej MHE Division at Madurai
Executive - Parts Contracts
0 Years 
15000 - 20000 Monthly 
Job Description
Job Overview:
An Executive – Parts Contracts is responsible for managing contracts related to spare parts procurement, vendor coordination, pricing negotiations, and ensuring compliance with company policies. This role involves supplier management, contract execution, cost control, and inventory coordination to support smooth supply chain operations.
Key Responsibilities:
1. Contract Management & Negotiation
✅ Draft, review, and manage contracts related to spare parts procurement.
✅ Negotiate pricing, payment terms, and delivery schedules with vendors.
✅ Ensure contracts comply with company policies and industry regulations.
2. Supplier & Vendor Coordination
✅ Identify and onboard reliable suppliers for spare parts.
✅ Maintain strong relationships with existing vendors to ensure timely deliveries.
✅ Resolve supplier disputes and coordinate contract renewals.
3. Procurement & Inventory Management
✅ Work closely with the procurement team to ensure parts availability.
✅ Monitor stock levels and coordinate with the warehouse team.
✅ Ensure timely replenishment of spare parts to avoid shortages.
4. Cost Analysis & Budgeting
✅ Evaluate cost structures and identify cost-saving opportunities.
✅ Monitor contract performance and ensure budget adherence.
✅ Prepare reports on cost efficiencies and procurement trends.
5. Compliance & Documentation
✅ Ensure adherence to legal and compliance guidelines for contracts.
✅ Maintain proper documentation for audits and financial reporting.
✅ Keep track of warranty and service agreements.
Skills & Competencies Required:
✅ Contract Negotiation & Management – Strong ability to handle vendor agreements.
✅ Supply Chain & Procurement Knowledge – Understanding of parts procurement processes.
✅ Analytical & Cost Control Skills – Ability to track expenses and optimize costs.
✅ Vendor Relationship Management – Building and maintaining supplier networks.
✅ Attention to Detail – Ensuring accuracy in contract terms and documentation.
✅ ERP & Procurement Tools Proficiency – SAP, Oracle, MS Excel, and contract management systems.
More information about this Executive - Parts Contracts Job
Please go through the below FAQs to get all answers related to the given Executive - Parts Contracts job
- What are the job requirements to apply for this Executive - Parts Contracts job position?
- Ans: A candidate must have a minimum of fresher as an Executive - Parts Contracts
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: BE/B.Tech, BSc
- What are the salary requirements for this job?
- Ans: The salary range is between 15000 and 20000 Monthly. The Salary will depend on the interview. This Executive - Parts Contracts is a Full Time in Madurai.
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Executive - Parts Contracts is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Executive - Parts Contracts position?
- Ans: There are immediate 1 job openings for Executive - Parts Contracts in our Organisation.
