Purchase Executive

**Job Description - PURCHASE EXECUTIVE**

**About the Role**

As a Purchase Executive within our manufacturing company, you'll be responsible for sourcing, procurement, and ensuring the timely acquisition of materials, equipment, and services required for the company's operations. Your role is pivotal in maintaining efficient supply chains, optimizing costs, and fostering relationships with suppliers to support our production needs.

As a Purchase Executive, you'll have a significant impact on our manufacturing operations by ensuring the timely procurement of quality materials and services. Your role will contribute to cost optimization, efficient supply chain management, and the overall success of our production processes.

**Job Location**: Bommasandra, Bangalore

**Responsibilities**:
1. Procurement:

- Source and procure raw materials, components, equipment, and services required for manufacturing operations.
- Evaluate supplier quotations, negotiate prices, terms, and contracts to secure cost-effective deals without compromising quality.

2. Supplier Management:

- Identify and onboard new suppliers, conducting assessments to ensure reliability, quality, and adherence to company standards.
- Cultivate and maintain strong relationships with existing suppliers to ensure timely delivery and resolve any issues that may arise.

3. Inventory Control:

- Monitor inventory levels and collaborate with inventory control teams to maintain optimal stock levels while minimizing excess or obsolete inventory.

4. Cost Optimization:

- Analyze pricing trends, market conditions, and alternative suppliers to identify cost-saving opportunities without compromising quality or reliability.
- Implement strategies to negotiate better terms, bulk discounts, or improved delivery schedules.

5. Compliance and Documentation:

- Ensure compliance with company policies, industry regulations, and procurement best practices.
- Maintain accurate records of purchases, contracts, pricing, and supplier information.

6. Collaborative Coordination:

- Liaise with internal departments such as production, logistics, and finance to understand their procurement needs and align purchasing activities accordingly.
- Coordinate with vendors, logistics partners, and internal stakeholders to ensure seamless operations.

**Skills / Qualification Required**:

- Diploma or Bachelor's degree in Engineering, Supply Chain Management or related field. Advanced degree or certifications are a plus.
- 2-5 years of experience in procurement, preferably within the manufacturing sector.
- Should be Tech savvy to find required information from various sources
- Should be able to read & understand BOM (part numbers, datasheets etc..)
- Should have prior experience in sourcing / procurement of electrical & electronics components (connectors, cables, relays, IC, modules etc)
- Should be well versed in techno
- commercial comparison best practices.
- Strong negotiation skills, with the ability to establish and maintain supplier relationships.
- Proficiency in procurement software/tools and excellent knowledge of MS Excel or similar data analysis tools.
- Solid understanding of supply chain processes, inventory management, and procurement strategies.
- Excellent communication skills and attention to detail.
- Ability to work collaboratively in a fast-paced environment while meeting deadlines

**About Sika Aerospace & Defence**:
SIKA is an engineering driven company focused on the Aerospace, Defence & Space (A&D) and Automotive sectors in India. A public listed company on the Bombay Stock Exchange, SIKA’s main lines of business comprise, engineered projects & systems; interconnect solutions & electrical module integration, maintenance, repair & overhaul (MRO); and value-added distribution.

An AS 9100D certified company, SIKA has a successful track-record of nearly twenty-five years in executing advanced engineering projects, in collaboration with international technology partners, for A&D customers in India. In addition, SIKA is also a qualified Indian Offset Partner (IOP) with a license for defence production from the Government of India and has had continuous design approval from the Indian Ministry of Defence’s Centre for Military Airworthiness & Certification (CEMILAC) since 1999.

We employ engineers and specialists that work on projects for customers around the world. It is therefore no wonder that many of our employees find themselves enjoying and learning from the challenges posed by servicing a diverse clientele, working on a range of projects, and creating new business opportunities in a fast-paced, professional environment.

**Job Types**: Full-time, Permanent

Pay: From ₹35,000.00 per month

**Benefits**:

- Health insurance
- Paid time off
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Yearly bonus

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 1 year (preferred)

Work Location: In person