Purchase Electrical Manager

5 days ago

Faridabad, Haryana, India Aces Global Consulting Pvt Ltd Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Job Overview

We are seeking a skilled Purchase Electrical Manager for a senior-level, full-time position in Faridabad. The role involves overseeing electrical components procurement and vendor management to ensure the efficient functioning of our client's operations. The successful candidate will have a strong background in managing vendor relationships, inventory, and strategic sourcing within the IT industry.

Qualifications and Skills

  • Proven experience in vendor management with the ability to establish and maintain effective supplier relationships (Mandatory skill).
  • Expertise in electrical components procurement ensuring high-quality materials are procured efficiently (Mandatory skill).
  • Ability to manage inventory effectively to maintain optimal stock levels and reduce holding costs (Mandatory skill).
  • Strong skills in cost reduction strategies to enhance profitability and operational efficiency.
  • Proficient in risk management to identify potential procurement risks and implement mitigation strategies.
  • Experience in supplier evaluation to assess and choose the best suppliers for quality and cost benefits.
  • Strong negotiation skills for contract negotiation ensuring favorable terms and conditions with suppliers.
  • Strategic sourcing capabilities to identify and select suppliers delivering cost-effective solutions.

Roles and Responsibilities

  • Lead and manage the procurement of electrical components ensuring compliance with quality standards.
  • Oversee vendor management activities, fostering strong supplier relationships and negotiating favorable contracts.
  • Implement and oversee inventory management practices to optimize stock levels and minimize costs.
  • Develop cost reduction strategies to improve profitability and contribute to the company's financial goals.
  • Conduct risk assessments and develop risk mitigation plans to secure supply chain stability.
  • Evaluate supplier performance regularly to ensure delivery of quality products and services.
  • Negotiate contracts and agreements with suppliers to secure the best terms and conditions.
  • Lead strategic sourcing initiatives to enhance procurement processes and achieve cost benefits.

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