Purchasing Executive
3 weeks ago
Company provides electronic solutions for customized flight test instrumentation, health and utility management, precision timing reference, power generation, and distribution systems for aerospace operations.
Designation : Purchase Executive
Work Location: Bangalore
Work Experience: 3-7 Years of experience
About the Role
An important position in the organization to take care of procurement of electronic components,
mechanical and PCB fabrications, connectors and wiring harness and any other item that is
relevant to Production, R&D and day to day operations of the organization
Collating various Material Requisitions received
Sending out RFQs to vendors, eliciting response and preparation of comparative statement of cost
Consistently identifying and assessing vendor performance and bringing in newer vendors to create competition between the vendors to gain the best price that would reduce BoM cost
Placement of orders with vendors for timely/just in time procurement in order to not burden Cash flow
Ensuring the timely acceptance /rejection of the material supplied
Ensuring the correctness of the documents that accompany the items delivered by the vendor
Ensuring release of timely payments to vendors as per accepted credit terms
Maintaining a database of all components procured with break-up of basic cost, taxes and duties, freight, etc., on a project to project basis
Interact with Stores periodically to cross verify incoming and issued material to ensure the correctness of the records maintained by stores
Use and improve the Tally based ERP system consistently
Background and Requirements
Job Requirements
a. Candidates with a degree in Materials Management preferred
b. Preference to candidates who have already worked in Electronics / Defense Avionics
c. Experience spanning 3 to 5 years
d. In depth knowledge of computer based accounting methodologies and systems
e. Presentable with good and convincing communications skills for effective interaction with the vendors and other authorities.
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