
Procurement Executive
1 week ago
Responsibilities:-
- Develop and share rolling Material Requirement Plans (MRP) with vendors based on production forecasts.
- Monitor adherence to vendor delivery schedules and resolve supply disruptions.
- Align supply plans with production planning and maintain buffer stock for critical items.
- Drive vendor performance reviews on OTIF (On-Time-In-Full), quality, and cost.
Procurement & Vendor Management
- Manage procurement of direct materials, consumables, and factory indirect materials.
- Negotiate pricing, contracts, and payment terms with vendors to ensure cost competitiveness.
- Build strong relationships with local and regional vendors while developing alternate sources for risk mitigation.
- Ensure compliance with company procurement policies and statutory norms.
Materials & Inventory Management
- Implement MRP / ERP system-driven planning to manage material flow and visibility.
- Maintain optimal inventory levels (raw materials, WIP, and finished goods) while minimizing working capital.
- Oversee cycle counting, physical stock verification, and reconciliation.
- Track and reduce inventory carrying costs, obsolescence, and non-moving stock.
Warehouse & Stores Operations
- Lead warehouse operations covering receiving, storage, preservation, and issue of materials.
- Ensure 5S, safety, and material handling practices are rigorously followed.
- Implement FIFO / FEFO systems and barcode/RFID-based traceability.
- Manage inbound and outbound logistics, including coordination with transporters.
- Supervise a team of storekeepers, warehouse executives, and material handlers.
Cross-functional Alignment
- Work closely with Production, Quality, Finance, and Sales teams to align demand, supply, and inventory.
- Support NPI (New Product Introduction) projects by coordinating with vendors for proto/initial supplies.
- Ensure smooth handling of imported materials (if applicable) in coordination with customs & logistics partners.
Required Qualifications & Skills:
- Graduate in Engineering / Supply Chain / Commerce.
- hands on experience in Materials Management, Procurement, or Warehousing in home appliances / consumer durables / electronics manufacturing.
- Expertise in demand planning, inventory control, vendor management, and logistics.
- Excellent analytical and problem-solving skills.
- Strong communication and soft skills to be able to manage vendors
Good to Have:
- Experience with lean manufacturing, JIT, and Kanban systems.
- Exposure to import/export documentation and customs clearance.
- Knowledge of statutory compliances related to warehousing (Weights & Measures Act, GST for warehousing, etc.).
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