Lead Purchase Engineer
1 week ago
Roles and Responsibilities: Raw Material Procurement, Planning, and Sourcing
Designation: Procurement Associate
Department: Supply Chain
Reports To: DGM
CTC : 2.5 - 3 LPA
1. Procurement Support:
- Assist in identifying and evaluating secondary suppliers to mitigate supply risks from primary sources.
- Support negotiations on pricing, contracts, and payment terms with suppliers under the guidance of senior management.
- Ensure timely procurement of raw materials to prevent production delays.
- Maintain and update procurement records, purchase orders, and supplier details.
2. Material Planning Assistance:
- Support the Material Requirements Planning (MRP) process by collecting and updating data.
- Help forecast material demand based on customer orders and production schedules.
- Monitor inventory levels and coordinate with the procurement team for replenishment needs.
- Track material lead times and communicate updates to relevant teams.
3. Supplier Coordination:
- Assist in developing and maintaining relationships with raw material suppliers.
- Help in evaluating supplier performance and addressing any supply issues.
- Coordinate with suppliers and logistics providers to ensure timely deliveries.
- Maintain supplier documentation and compliance records.
4. Inventory & Logistics Coordination:
- Work with raw material providers and third-party logistics companies for smooth operations.
- Ensure proper tracking and documentation of inbound materials.
- Assist in implementing FIFO (First-In-First-Out) inventory management.
- Monitor material handling processes to reduce losses and inefficiencies.
5. Cost Monitoring & Risk Awareness:
- Track and report market trends, price fluctuations, and cost-saving opportunities.
- Identify potential supply risks and communicate them to senior management.
- Assist in developing contingency plans for procurement disruptions.
6. Compliance & Documentation:
- Ensure all procurement-related documentation is maintained accurately.
- Assist in compliance checks related to quality standards and supplier certifications.
- Support the quality team in verifying raw material specifications.
- Help ensure adherence to environmental and safety regulations.
7. Cross-Functional Collaboration:
- Work closely with production, quality, and finance teams to support procurement activities.
- Participate in discussions about material availability and supplier performance.
- Provide procurement-related data for decision-making and reporting.
- Assist in process improvements within the procurement function.
Key Performance Indicators (KPIs):
- Accuracy and timeliness of procurement documentation.
- Supplier delivery performance and response time.
- Inventory level tracking and material availability.
- Compliance with procurement policies and procedures.
- Contribution to cost-saving initiatives.
Skills & Competencies:
- Basic negotiation and supplier coordination skills.
- Understanding of sheet metal types, specifications, and sourcing strategies.
- Proficiency in MS Excel and MRP systems.
- Strong attention to detail and problem-solving abilities.
- Effective communication and teamwork skills.
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