Procurement Executive

2 weeks ago

Bengaluru, Karnataka, India Urban Company (UC) Full time ₹ 9,00,000 - ₹ 12,00,000 per year

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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