 
						Sourcing and Purchasing Professional
2 weeks ago
To ensure timely procurement and supply of inventory, material supplies goods which meet stated standards at well-negotiated price, delivery, and credit terms. Responsible for vendor development, supply planning, follow-ups, reporting, and coordination across departments to maintainuninterrupted production and smooth supply chain operations.ESSENTIAL DUTIES & RESPONSIBILITIES: - Responsible for efficient purchasing of inventory, supplies and consumables - Conduct demand forecasting by analyzing sales trends, production plans, and historical consumption to project material requirements. - Plan and monitor material requirements as per demand forecasts and production schedules, ensuring availability without overstocking. - Coordinate and follow up with vendors for on-time deliveries, expediting shipments where required. - Responsible for vendor evaluation/re-evaluation and selection based on production and distribution capabilities, performance, and consistent quality assurance. - Source new/alternate vendors when necessary. Approve vendors based on:(i) Past history method(ii) Third-party approval(iii) References from customers/other vendors - Maintain vendor assessment forms, quality ratings, approved vendor lists, and other records. - Receive purchase requisitions, verify for accuracy, prepare/process purchase orders in ERP, and maintain accurate purchase records. - Prepare and present regular supply chain reports (e.G., purchase status, demand vs. supply gap, pending deliveries, inventory coverage, supplier performance) to management. - Monitor inventory reorder levels, ensure economical purchasing, and maintain optimum inventory levels. - Coordinate with the Quality Assurance department for quality-related issues/rejections and resolve with vendors. - Liaise with Accounts for invoice approvals, debit notes, part payments, and advances. - Track and report lead times, supplier OTIF (On Time In Full), demand forecast accuracy, and other supply chain KPIs. - Ensure alignment of supply chain activities with production, warehouse, and sales requirements. - Perform any other duties as assigned by management.ORGANISATIONAL RELATIONSHIPS: - Reports to Manager – Purchase. - Coordinates with Manufacturing, Quality Assurance, Accounts, Warehouse, and Sales departments.QUALIFICATIONS & EXPERIENCE REQUIRED: - Bachelor’s degree/diploma from a reputed university (engineering preferred) with 2-4 years’ experience in purchasing and/or supply chain. - Strong commercial knowledge w.R.T. taxes, freight, GST, logistics, and vendor contracts. - Knowledge of dealing with mechanical and/or electronic parts/components. - Knowledge of ERP systems, ISO, and MS Excel - Strong communication (verbal & written), interpersonal & follow up skills. - Good leadership, analytical ability, planning, and time-management skills.
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