purchase

1 week ago

Thāne, Maharashtra, India Rama Mining Tools Private Limited Full time
Job Description

Requirement for PURCHASE EXECUTIVE

Company: Rama Mining Tools Pvt. Ltd, Kalher, Thane (15min from Majiwada)

Job description

**Male Candidates Only**

Key Responsibilities:

- Strategic Sourcing:
- Develop and implement sourcing strategies to ensure the timely and cost-effective procurement of materials, tools, and equipment required for mining operations.
- Identify and evaluate potential suppliers and vendors, maintaining strong relationships and negotiating contracts to secure favorable terms and pricing.
- Procurement Management:
- Supervise the procurement team in issuing purchase orders, contracts, and agreements in compliance with company policies and procedures.
- Monitor procurement activities to ensure adherence to budgetary constraints and project timelines, resolving any issues or delays as necessary.
- Supplier Relationship Management:
- Foster and maintain strategic partnerships with key suppliers and vendors, conducting regular performance reviews and addressing any concerns or issues that may arise.
- Collaborate with suppliers to drive continuous improvement initiatives, such as cost reductions, quality enhancements, and process efficiencies.
- Inventory Control and Management:
- Oversee inventory levels and stock replenishment processes, working closely with warehouse and inventory teams to optimize stock levels and minimize carrying costs.
- Implement inventory control measures to prevent stockouts and excess inventory, ensuring the availability of materials and equipment as needed.
- Contract Negotiation and Management:
- Lead negotiations with suppliers to establish favorable terms and conditions, including pricing, delivery schedules, and payment terms.
- Review and manage supplier contracts and agreements, ensuring compliance with legal and regulatory requirements and mitigating any contractual risks.
- Cost Analysis and Optimization:
- Conduct cost analysis and market research to identify cost-saving opportunities and optimize procurement strategies.
- Develop and implement cost reduction initiatives while maintaining quality standards and meeting operational requirements.
- Documentation and Reporting:
- Maintain accurate records of procurement activities, including purchase orders, contracts, and supplier communications.
- Generate reports on procurement performance, spending analysis, and cost savings achievements, providing insights and recommendations to management.
- Compliance and Risk Management:
- Ensure compliance with company policies, procedures, and regulatory requirements in all procurement activities.
- Identify and mitigate potential risks related to procurement, such as supply chain disruptions, supplier dependencies, and regulatory compliance issues.

Qualifications and Skills:

- Bachelor's degree in Business Administration/ BE in Mechanical
- Proven experience in procurement, preferably in the mining tools or heavy equipment industry or any other industrial products.
- Candidates with mechanical background preferred.

Salary Package: 4 to 6 lpa with all perks.

Working:6 Days week & Work from Office.

Rgds

RMT/HR

[HIDDEN TEXT]

www.rminingtools.com

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