Purchase Executive
3 weeks ago
**Job ID: PHTO/2024-25/01**
**Key Performance Area**:
- Conduct thorough research to identify potential vendors, both locally and globally. For CR steel strips, wires, Fittings, production consumables, and packaging.
- Evaluate and compare offers from suppliers across different regions.
- Negotiate contract terms, pricing, and agreements.
- Implement cost improvement projects to agreed metrics.
- Track orders to ensure timely delivery, especially for both domestic and imported materials.
- Collaborate with logistics teams to manage customs clearance and shipping processes.
- Review the quality of purchased products, including compliance with engineering specifications.
- Monitor stock levels and proactively place orders based on production schedules / forecasts.
- Coordinate with production, quality control, and engineering teams to optimize supply chain efficiency.
- Manage any supply disruptions due to geopolitical factors or transportation delays.
- Create reports related to purchase cost analysis and implement cost reduction Plans.
- Understand the impact of tariffs, duties, and taxes on overall procurement costs.
- Monitor slow moving over aged inventory and take corrective actions.
**Job Features**:
- Job Category- Full Time- Location- Nayapakkam, Chennai- Experience- 5+ Years- Preference- Manufacturing industry- Education- Bachelor’s degree in engineering (Mechanical, Electrical, or related field)- Date of Advt- 25.04.2024
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