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Purchase Executive
2 weeks ago
A **Purchase Executive** for a **CRGO (Cold Rolled Grain Oriented) Steel Company** plays a vital role in managing procurement and ensuring the company receives the materials and goods required for manufacturing and production. They are responsible for sourcing, negotiating with suppliers, and managing inventory efficiently. Here’s a detailed job description:
**Manufacturing Industry Experience is must**
Job Description for a CRGO Purchase Executive:
**Key Responsibilities**:
- **Sourcing and Procurement**:
- Source and procure CRGO steel materials, raw materials, and other components required for production processes.
- Identify and evaluate potential suppliers and vendors based on quality, cost, and delivery timelines.
- Maintain relationships with suppliers to ensure a consistent and reliable supply chain for CRGO steel products.
- **Negotiation and Cost Management**:
- Negotiate pricing, terms, and conditions with suppliers to ensure the best value for the company while maintaining product quality.
- Monitor and manage procurement costs, looking for opportunities to reduce expenses without compromising on quality.
- **Inventory Management**:
- Ensure the company maintains optimal inventory levels of CRGO steel and related materials to prevent production delays.
- Coordinate with the production and warehouse teams to track stock levels and reorder materials in a timely manner.
- Keep records of all purchased items, including invoices, orders, and receipts.
- **Supplier Performance Management**:
- Evaluate supplier performance regularly to ensure compliance with quality, price, and delivery standards.
- Address any issues related to product quality, delivery delays, or supplier performance and take corrective actions as necessary.
- **Purchase Order Management**:
- Prepare and process purchase orders (POs) for CRGO steel and other materials.
- Track the status of POs and ensure timely delivery to avoid production delays.
- Ensure all purchasing documentation is accurate, complete, and properly filed.
- **Market Research and Supplier Evaluation**:
- Conduct market research to stay updated on industry trends, new suppliers, and alternative sources of materials.
- Continuously evaluate the market for cost-effective procurement solutions and new suppliers.
- **Coordination with Other Departments**:
- Work closely with the production, sales, and quality control teams to understand material requirements and ensure timely procurement.
- Liaise with accounts and finance teams for invoice processing, payment tracking, and financial reporting related to purchases.
- **Quality Control and Compliance**:
- Ensure that all purchased materials, including CRGO steel, meet the company’s quality standards and specifications.
- Verify compliance with regulatory standards and company policies related to procurement.
- **Documentation and Reporting**:
- Maintain accurate and up-to-date records of all procurement activities, including supplier communications, purchase orders, and deliveries.
- Prepare regular reports on purchase status, inventory levels, and supplier performance for management.
Qualifications:
- Bachelor’s degree in Business, Supply Chain Management, Engineering, or a related field.
- 2-3 years of experience in procurement or purchasing, preferably within the manufacturing or steel industry.
- Knowledge of CRGO steel products and their specifications is a plus.
- Strong negotiation and communication skills.
Pay: ₹15,000.00 - ₹25,000.00 per month
Schedule:
- Day shift
**Education**:
- Bachelor's (preferred)
**Experience**:
- total work: 3 years (required)
Work Location: In person
