Procurement Specialist

3 days ago

Rajkot, Gujarat, India beBeeNegotiator Full time US$ 9,00,000 - US$ 12,00,000

Purchasing Executive Job Description

Job Summary:

We are seeking an experienced Purchasing Executive to join our team. The successful candidate will be responsible for identifying and evaluating suppliers, negotiating contracts, and implementing cost-saving initiatives throughout the supply chain.

About You:
  • You have a strong technical knowledge of mechanical engineering principles and manufacturing processes.
  • You possess excellent negotiation and communication skills.
  • You have knowledge of supplier management, vendor development, and cost reduction.
  • You can analyze data and identify areas for improvement.
  • You have strong problem-solving and analytical skills.
  • You are proficient in Microsoft Office Suite and relevant software.
  • You have knowledge of relevant quality standards and regulations.
Key Responsibilities:Supplier Identification and Evaluation:
  • Identify potential suppliers based on technical requirements, quality standards, and cost-effectiveness.
  • Conduct thorough assessments of supplier capabilities, including manufacturing processes, quality control systems, and financial stability.
  • Evaluate supplier proposals and negotiate contracts, ensuring favorable terms and conditions.
Vendor Development and Improvement:
  • Collaborate with suppliers to identify areas for improvement in their processes, quality, and delivery performance.
  • Provide technical support and guidance to suppliers to enhance their capabilities and meet our company's requirements.
Cost Reduction and Optimization:
  • Analyze the cost structure of products and identify opportunities for cost reduction through value engineering, process optimization, and material sourcing.
  • Negotiate with suppliers to achieve competitive pricing and favorable payment terms.
Supplier Relationship Management:
  • Build and maintain strong relationships with key suppliers, fostering open communication and collaboration.
  • Manage supplier performance, track key metrics, and address any performance issues proactively.
Cross-functional Collaboration:
  • Work closely with internal teams, including engineering, manufacturing, procurement, and quality, to ensure alignment and effective communication.
Requirements:

The ideal candidate will have at least 2-3 years of experience in purchasing or a related field.

Note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with this role.

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