Purchase Engineer

Job Description:JOB DESCRIPTION Position TitlePurchase Engineer (T2)Reports toGM Operations (M4) & Vendor Development Manager (M2)Job PurposeThis position exists with the objective of sourcing raw materials at right - quality, price and delivery terms and ensuring the on-time availability of quality parts.Key objectives of this role areOwnership of implementation of Purchase Procedures for Ahmedabad FactoryEnsure availabilityand safety stock of all parts and materials required for productionAssist in raw material planning for PLUS, TRIX & L&B brands based on production forecastAssist in inventory tracking to ensure optimum inventoryNeed knowledge of electronics components.Release PO for all New/old Items & New/old Suppliers.Monitored quantity and quality of goods received.Negotiate price, terms, and conditions with suppliers.Maintain and update purchasing records.Prepare cost comparison of material pricing.Evaluate and implement Vendor Development programs.Resolve supplier quality issues.Expedite and improve on-time delivery by suppliersImport quality goods from all foreign countries.Lead time reduction from suppliersCoordinate with Accounts for Debit Note and Coordinate with Store for return rejected materials to Suppliers.Knowledge of all customs-related documentation and resolve all customs-related problems.Job ResponsibilitiesVendor Development & Management Analyze all suppliers in order to select the most suitable suppliers who are able to deliver high quality parts and products at competitive pricing.Negotiate with suppliers on lead-time, cost and quality so as to obtain the maximum benefit for the company.Manage suppliers to meet objectives related to cost, delivery performance, schedule and quality.Develop purchasing or sourcing strategies based on portfolio analyses and supplier benchmarking study.Define and maintain documented category and supplier strategies using market and competitive data.Liaise with suppliers on delivery schedule so as to ensure on-time deliveries of final product.Develop, implement and drive the procurement strategies in order to meet cost savings targets.Review and manage the supplier base to ensure consistency with the sourcing strategy.Perform regular performance review with suppliers to drive continuous improvements.Create monthly performance reviews and reports focusing on overall sourcing requirements.Ensure commercial, legal and contractual compliances in all the procurement transactions.Adopt appropriate supplier management methodologies and procurement strategies in purchasing to secure better prices.Train team on effective procurement processes and strategy.Coordinate with vendor on continuous quality improvement.Maintain minimum stock levels and assist in coordination Production in Materials Requirement Planning and timely procurement of the same.General Administration:Enforce Purchase policies and procedures and documentation as per ISO 9001 requirementsMaintain safe and clean work environment by educating and directing personnel on the use of all control points, equipment, and resourcesInitiate and foster a spirit of cooperation within and between departmentsAssuring the proper Maintenance of daily related records and documents as per company policy.Solving grievances and problems of internal and external customers in related matters.Job Specification ParameterMinimumPreferredQualificationDiploma/Engineering /ElectronicsEngineer ElectronicsExperience- 2-3 years' experience of sourcing/ procurement management in electronics manufacturing industry- TALLY/ERP Experience is a MUST- Excel experience is a MUST- 4-5 Years' experience of sourcing/ purchase management in electrical /electronics / lighting industry- SAP Experience is preferred- Advanced Excel experience is preferredReporteesNoneGenderMale / FemaleLocationAhmedabad FactoryJob TypeFull TimeIndustryElectronics, Electrical, Automotive Manufacturing,Skills & CompetenciesShould possess adequate Business AcumenShould be strong in Vendor DevelopmentShould have ability to work in a teamShould be a self-starter & a learnerShould possess excellent communication skillsKnowledge RequiredVendor development experience is a MUST with strong ownershipExperience in a electronics manufacturing industry is highly preferedTally or other ERP knowledge is essential. SAP B1 Knowledge is preferredShould have high comfort in MS Excel – Pivot charts, Filters, Reports and dashboardsShould have basic knowledge in areas like 5S, FIFO, KaizenShould have knowledge in problem solving tools like 5W – 1H, Fish bone analysis etc.