
Purchase Officer
5 days ago
Skills & Experience
:
Proven experience as a Purchase Manager or in a similar role in Electronics Production or R&D sector only.
Knowledge of Tally will be an added advantage
Experience in Stores Management will be another advantage.
Strong analytical and problem-solving abilities.
Ability to work under pressure and manage multiple priorities.
**Key Duties & Responsibilities:
Procurement Strategy:**
- Develop and implement effective procurement strategies to ensure timely acquisition of high-quality materials and components.
Identify and evaluate potential suppliers, negotiate contracts, and establish strong supplier relationships.
Have in-depth experience in having procured niche hard to find Electronic components and associated material.
Have significant knowledge in sources for supply within the country and abroad to provide seamless support to the urgent needs of the project teams and the production department.
Supplier Management:
- Maintain a Database of qualified suppliers and continuously monitor their performance.
Conduct regular supplier audits to ensure compliance with quality standards and delivery schedules.
Constantly be on the lookout for more and more suppliers who will meet with the growing and urgent demands of the organization
Inventory Management:
- Monitor inventory levels and coordinate with the Production and R&D teams to forecast demand.
- Ensure optimal inventory levels to avoid shortages or excess stock.
Cost Management:
- Negotiate pricing, terms, and conditions with suppliers to achieve cost savings while maintaining quality standards.
- Monitor market trends and adjust procurement strategies to capitalize on cost-saving opportunities.
Compliance and Documentation:
- Ensure all procurement activities comply with company policies, industry regulations and the aerospace standards for which this company is certified for.
- Maintain accurate records of purchases, contracts, and supplier performance.
Collaboration:
- Work closely with the R&D and production teams to understand project requirements and timelines.
- Collaborate with finance and logistics teams to ensure smooth procurement and delivery processes.
Continuous Improvement:
Implement process improvements to enhance procurement efficiency and effectiveness.
Stay updated with industry trends and best practices to drive innovation in procurement processes.
Other Skills:
- Strong knowledge of Electronic components, materials and sources for Purchase.
Excellent negotiation, communication, and interpersonal skills.
Certification in Supply Chain Management (e.g., CPSM, CPIM).
Experience with International Procurement and Logistics.
Knowledge of industry-specific regulations and standards.
Knowledge and in-depth experience of Aerospace and Military standards
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