
Purchase Executive
2 weeks ago
**Key Responsibilities**
- **Strategic Sourcing & Supplier Management**:
- Define and execute purchasing strategies for key categories (Raw Material, Plastic Child Parts, Machine Accesssories)
- Identify, evaluate, and develop supplier portfolios aligned with cost, quality, lead times, and risk mitigation
- Lead contract negotiations, renewals, and manage supplier performance & scorecards
- **Cost Control & Market Intelligence**:
- Conduct market analysis and benchmarking to identify cost-saving opportunities
- Drive pricing strategies and cost reduction through value-engineering and alternative sourcing.
- **Inventory Planning & Risk Management**:
- Coordinate with Production/Engineering to forecast demand and maintain optimal inventory—avoid shortages or excess
- Implement ERP-driven reordering policies, manage lead times, and evaluate MOQ tradeoffs.
- Identify supply chain risks (e.g. single-source dependencies, compliance) and create contingency plans.
- **Team Leadership & Process Improvement**:
- Oversee a team of buyers or procurement staff: assign tasks, set KPIs, mentor, and report results
- Improve purchasing processes: SOPs, ERP enhancements, ISO/Lean compliance, continuous improvement initiatives.
- **Cross-Functional Collaboration**:
- Work closely with engineering, production planning, quality, finance, and accounts payable for seamless procurement-to-production coordination
- Represent Purchasing in NPI projects, cost reviews, and capital spending.
- **Compliance & Quality Assurance**:
- Ensure procurement meets industry regulations (e.g. RoHS, REACH) and internal quality standards
- Manage supplier audits, supplier risk assessments, and resolve quality/delivery issues.
**Required Qualifications & Skills**
- Bachelor’s degree in Supply Chain, Business, Engineering, or related field. EMS/B.E. (Mechanical) preferred Placement India.
- 3-4 years of experience in Hardware manufacturing procurement roles
- Proficiency with MS Office.
- Strong negotiation, analytical, strategic sourcing, and cost-management skills
- Experience managing supplier contracts, conducting cost-analysis, and implementing KPI metrics
- Solid leadership, team-building, and communication capabilities.
Pay: ₹375,000.00 - ₹480,000.00 per year
Schedule:
- Day shift
Work Location: In person
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