Purchasing Executive

4 days ago


Aurangabad, Maharashtra, India The Job Factory Full time

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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