
Purchase Executive
2 weeks ago
**Key Responsibilities**:
**Supplier Development & Sourcing**:
- Identify, evaluate, and develop new vendors for raw materials (brass rods, billets, castings), machining parts, plating, packaging, and consumables.
- Evaluate supplier capabilities for machining, forging, casting, and finishing processes.
- Conduct vendor audits (technical, quality, and commercial aspects).
- Onboard suppliers as per company’s SOPs.
**Cost & Negotiation Management**:
- Negotiate best prices, payment terms, and lead times with suppliers.
- Benchmark prices with market trends for raw materials like brass ingots, scrap, etc.
- Drive cost-reduction initiatives through alternate sourcing & process optimization.
**Quality Assurance Coordination**:
- Ensure suppliers meet company’s quality standards and certifications (ISO, RoHS, REACH, etc.).
- Coordinate with the Quality department for supplier quality improvement plans.
- Resolve vendor-related NCRs (Non-Conformity Reports).
**Supply Chain & Inventory Coordination**:
- Ensure timely availability of raw materials and components to meet production plans.
- Optimize supplier lead times and delivery schedules.
- Track and manage supplier performance metrics: OTIF (On Time In Full), Quality, Cost, Service.
**Relationship & Risk Management**:
- Build and maintain strong supplier relationships for long-term collaboration.
- Identify risks in the supply base and develop mitigation plans (alternate suppliers, localization, etc.).
**Documentation & Compliance**:
- Maintain accurate vendor master data, purchase contracts, and compliance documents.
- Ensure suppliers comply with statutory and regulatory requirements.
**Continuous Improvement**:
- Drive process improvements in supplier selection, evaluation, and performance management.
- Support localization and cost optimization projects.
**Key Skills & Competencies**:
- Supplier Development & Negotiation Skills
- Knowledge of Brass Raw Materials & Market Trends
- Vendor Quality Management
- Technical understanding of manufacturing processes (forging, machining, plating, etc.)
- Commercial & Contract Management
- ERP System Knowledge (SAP / Oracle / Tally / Customized ERP)
- Analytical & Communication Skills
**Job Types**: Full-time, Permanent
Pay: ₹17,500.00 - ₹28,900.00 per month
**Benefits**:
- Health insurance
- Leave encashment
- Provident Fund
**Education**:
- Bachelor's (preferred)
**Experience**:
- Vendor management: 3 years (required)
Work Location: In person
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