Purchasing Executive
1 week ago
Key Skills:
- Strong technical knowledge of mechanical engineering principles and manufacturing processes.
 - Excellent negotiation and communication skills.
 - knowledge of supplier management, vendor development, and cost reduction.
 - Ability to analyze data and identify areas for improvement.
 - Strong problem-solving and analytical skills.
 - Proficiency in Microsoft Office Suite and relevant software.
 - Knowledge of relevant quality standards and regulations.
 - Proficiency in CAD, knowledge of sheet metal fabrication techniques (cutting, bending), and an understanding of industry standards and compliance
 
Key Responsibilities:
- Supplier Identification and Evaluation:
 - Identify potential suppliers based on technical requirements, quality standards, and cost-effectiveness.
 - Conduct thorough assessments of supplier capabilities, including manufacturing processes, quality control systems, and financial stability.
 - Evaluate supplier proposals and negotiate contracts, ensuring favorable terms and conditions.
 - Vendor Development and Improvement:
 - Collaborate with suppliers to identify areas for improvement in their processes, quality, and delivery performance.
 - Provide technical support and guidance to suppliers to enhance their capabilities and meet the company's requirements.
 - Implement supplier development programs, including training, workshops, and knowledge sharing initiatives.
 - Cost Reduction and Optimization:
 - Analyze the cost structure of products and identify opportunities for cost reduction through value engineering, process optimization, and material sourcing.
 - Negotiate with suppliers to achieve competitive pricing and favorable payment terms.
 - Implement cost-saving initiatives throughout the supply chain, such as reducing lead times, improving inventory management, and optimizing logistics.
 - Supplier Relationship Management:
 - Build and maintain strong relationships with key suppliers, fostering open communication and collaboration.
 - Manage supplier performance, track key metrics, and address any performance issues proactively.
 - Conduct regular performance reviews and provide constructive feedback to suppliers.
 - Cross-functional Collaboration:
 - Work closely with internal teams, including engineering, manufacturing, procurement, and quality, to ensure alignment and effective communication.
 - Collaborate with other departments to identify and implement cost-saving opportunities throughout the product lifecycle.
 
Experience : 2-3 years
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