Purchase Executive
1 day ago
KEY RESPONSIBILITIES:
1. Collaboration with R&D Teams: Proactively consult with R&D teams to establish performance criteria and specifications for newly designed components.
Collaborate with R&D teams to finalize tooling and process for newly designed components.
Procurement Management:
2. Solely responsible for the procurement of newly designed components, machines, process equipment, and services before and after product commercialization.
Plan high-level procurement activities based on R&D goals.
Source components strategically at economical prices and optimum quality.
Supplier Management:
3. Research potential vendors and conduct market research to stay abreast of manufacturing trends. Compare and evaluate offers from suppliers and conduct supplier performance reviews.
Negotiate contract terms of agreement and pricing.
4. Purchase Order Processing: Prepare and process requisitions and purchase orders for supplies and equipment. Enter order details into internal databases and track orders to ensure timely delivery.
5. Quality Assurance: Review purchased products' quality and ensure compliance with industry standards. Maintain updated records of purchased products, delivery information, cost analyses, and invoices as per ISO standards.
Logistics and Inventory Management:
6. Manage complete logistics and freight for incoming raw materials, both domestic and imports. Monitor stock levels and place orders as needed to sustain the production process.
Coordinate with store staff to ensure proper storage of purchased materials.
7. Ensure all goods and services procured comply with industry standards and company policies. Review purchase order claims and contracts for conformance to company policy. Vendor Relations:
8. Accompany vendor visits and audits as required. Follow up on any pending matters with respective suppliers. Continuous Improvement:
Doc. Name Work Record Sheet Doc. No. XMT/HR/WRS/21
TITLE Job Description
Doc. Issue Date: 23/12/2023 Doc. Rev. Date: NA Doc. Rev. No.: 00
Format Rev. No.: 01 Format Rev. Date: 28/08/2019 Page 2 of 2
9. Participate in the development of specifications for equipment, products, or substitute materials. Identify business requirements for goods, materials, and services. Develop and implement purchasing and contract management instructions, policies, and procedures.
Analyse market and delivery systems to assess present and future material availability.
10. Cost Saving Initiatives: Actively identify opportunities for cost-saving initiatives in procurement processes and supplier negotiations. Implement strategies to achieve cost savings without compromising quality or delivery timelines.
11. Carrying out any other tasks assigned by Reporting Manager.
Pay: ₹200,000.00 - ₹300,000.00 per year
**Benefits**:
- Health insurance
- Provident Fund
Schedule:
- Day shift
Supplemental Pay:
- Yearly bonus
**Education**:
- Bachelor's (preferred)
**Experience**:
- Purchasing: 1 year (preferred)
Work Location: In person
Application Deadline: 17/10/2024
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