Purchase Manager
1 day ago
Job Description
A purchase engineer is part of the purchasing department within an organization. They are responsible for leading, directing, and overseeing various activities related to acquiring raw materials, components, and equipment while managing relationships with vendors. They are tasked with negotiating contracts, developing sourcing plans, and managing inventory.
Purchase of Item mentioned in Annexure 1 with supply and installation.
Responsibilities
The duties and responsibilities of a purchase engineer include, but are not limited to:
- Negotiating and managing contracts: Reviews items to be procured and reviews bid documents; selects bidders, negotiates prices and quotations, and evaluates alternate suppliers.
- Enhancing purchasing policies: Manages the entire procurement process, develops purchasing policies and procedures, and prepares performance material,labour from India and Overseas
- Developing a sourcing plan: Reviews engineering drawings, accompanies engineers in examining sources of supply, and interviews prospective suppliers.
- Managing inventory: Utilizes inventory and cost analysis reports and reconciles stock discrepancies with suppliers; reorders levels as necessary.
- Conducting research: Analyzes, researches, and recommends alternative sources of supply for usage and cost savings.
- Providing customer service: Represents the organization in trade shows and industry events; builds positive relationships with suppliers, vendors, and colleagues.
- Qualification
Bachelors Degree in engineering or other related science or technical field
- Experience
- A 5-10 years in procurement or a closely related field
- Prior experience with vendor management
- Demonstrated ability in contract negotiation
- Previous involvement in cost-reduction initiatives
Hard Skills
- Proficiency in procurement software (e.g., SAP, Oracle)
- Strong data analysis skills
- Expertise in MS Office, especially Excel, for financial modeling
- Understanding of technical blueprints and schematics
- Knowledge of quality control standards
Soft Skills
- Excellent communication skills
- Strong negotiation capabilities
- Great attention to detail
- Ability to work under pressure and meet deadlines
- Teamwork and collaboration skills
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