Purchase Executive
2 days ago
**Position : Purchase Executive**
**Location**:Atlas Transformers India Limited**
**Experience:2 to 3 Years**
**Position Overview**:
The Purchase Executive plays a key role in managing the procurement activities of raw materials, components, and supplies required for production. The individual in this role is responsible for ensuring timely and cost-effective sourcing of materials, maintaining supplier relationships, and assisting in the implementation of purchasing strategies to meet organizational needs.
**Key Responsibilities**:
- Identify and source materials, components, and equipment based on production and operational needs.
- Communicate with suppliers to obtain price quotations, delivery schedules, and product availability.
- Assist in evaluating supplier proposals and recommend the most suitable vendors based on cost, quality, and delivery timelines.
- Create, process, and track purchase orders (POs) in line with production schedules and inventory requirements.
- Ensure that purchase orders are accurate and complete, specifying terms, prices, and delivery details.
- Monitor the status of orders, ensuring timely delivery, and follow up on any delays or issues.
- Maintain communication with suppliers to ensure materials are delivered on time and meet required quality standards.
- Address and resolve any supply chain issues such as delays, quality concerns, or discrepancies in orders.
- Maintain positive relationships with current suppliers while exploring new sources for materials to improve costs and lead times.
- Monitor inventory levels to ensure adequate stock levels are maintained without overstocking.
- Assist in regular stock audits and stock rotation to minimize waste and ensure proper stock handling.
- Collaborate with the warehouse and production teams to align purchasing with current and future material needs.
- Maintain accurate and up-to-date records of purchase orders, supplier communications, and material deliveries.
- Assist in preparing reports on procurement activities, including cost analysis, supplier performance, and material usage.
- Ensure all purchasing documentation complies with company policies and audit requirements.
- Support efforts to negotiate better pricing, discounts, or terms with suppliers.
- Assist in identifying cost-saving opportunities within the procurement process and propose improvements where necessary.
- Coordinate with the quality control department to ensure that purchased materials meet company standards and specifications.
- Communicate any quality issues with suppliers and help resolve them in a timely manner.
- Continuously evaluate and improve purchasing processes to increase efficiency and reduce lead times.
- Support the Purchase Manager in the implementation of procurement best practices and systems.
Pay: ₹300,000.00 - ₹400,000.00 per year
Schedule:
- Day shift
Work Location: In person
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