Purchasing Executive
4 days ago
CANDIDATES FROM ELECTRICAL EXPERIENCE BACKGROUND ARE ELIGIBLE ONLY
Job Purpose:
To ensure timely and cost-effective procurement of materials, components, and services required for transformer manufacturing while maintaining quality, vendor relationships, and compliance with company policies.
Job Specifications:
§ Education: Electrical Engineering
§ Experience Required: 2-3 years
§ Strong communication, negotiation, and planning skills.
§ Preferably from Maharashtra
§ Excel proficiency
§ Language proficiency: Read, Write, Speak – English, Hindi, Marathi
Compensation:
CTC: 3,00,000 – 5,50,000 LPA
Detailed Job Description:
# Material Procurement
- Identify, source, and procure raw materials (CRGO, copper, steel, oil, hardware, etc.) as per production and stock requirements.
- Ensure purchase orders are raised in line with approved requisitions and within budget.
# Vendor Management
- Develop and maintain relationships with approved suppliers.
- Evaluate and qualify new vendors based on quality, cost, and delivery capability.
- Conduct regular vendor performance reviews.
# Price Negotiation
- Negotiate best prices, payment terms, and delivery schedules to optimize cost without compromising quality.
# Inventory Coordination
- Coordinate with the store and PPC departments to ensure optimum stock levels.
- Avoid both overstocking and material shortages.
# Documentation & Compliance
- Maintain proper purchase records, vendor contracts, and price history.
- Ensure compliance with company policies and statutory requirements.
# Follow-Up & Delivery
- Track purchase orders and follow up with suppliers to ensure on-time delivery.
- Handle discrepancies in received materials and coordinate for replacements/returns.
# Cost Control & Reporting
- Monitor purchase costs against budget.
- Submit regular reports on procurement status, price trends, and vendor performance to management.
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