Purchase Executive

4 days ago

Gurgaon, Haryana, India ACS Enterprises Full time

Key Responsibilities

  • Strategic Sourcing & Supplier Management
  • Define and execute purchasing strategies for key categories (Raw Material , Plastic Child Parts , Machine Accesssories)
  • Identify, evaluate, and develop supplier portfolios aligned with cost, quality, lead times, and risk mitigation
  • Lead contract negotiations, renewals, and manage supplier performance & scorecards
  • Cost Control & Market Intelligence
  • Conduct market analysis and benchmarking to identify cost-saving opportunities
  • Drive pricing strategies and cost reduction through value-engineering and alternative sourcing .
  • Inventory Planning & Risk Management
  • Coordinate with Production/Engineering to forecast demand and maintain optimal inventory—avoid shortages or excess
  • Implement ERP-driven reordering policies, manage lead times, and evaluate MOQ tradeoffs .
  • Identify supply chain risks (e.g. single-source dependencies, compliance) and create contingency plans .
  • Team Leadership & Process Improvement
  • Oversee a team of buyers or procurement staff: assign tasks, set KPIs, mentor, and report results
  • Improve purchasing processes: SOPs, ERP enhancements, ISO/Lean compliance, continuous improvement initiatives .
  • Cross-Functional Collaboration
  • Work closely with engineering, production planning, quality, finance, and accounts payable for seamless procurement-to-production coordination
  • Represent Purchasing in NPI projects, cost reviews, and capital spending .
  • Compliance & Quality Assurance
  • Ensure procurement meets industry regulations (e.g. RoHS, REACH) and internal quality standards
  • Manage supplier audits, supplier risk assessments, and resolve quality/delivery issues .

Required Qualifications & Skills

  • Bachelor's degree in Supply Chain, Business, Engineering, or related field. EMS/B.E. (Mechanical) preferred Placement India.
  • 3-4 years of experience in Hardware manufacturing procurement roles
  • Proficiency with MS Office .
  • Strong negotiation, analytical, strategic sourcing, and cost-management skills
  • Experience managing supplier contracts, conducting cost-analysis, and implementing KPI metrics
  • Solid leadership, team-building, and communication capabilities .

Job Type: Full-time

Pay: ₹300, ₹350,000.00 per year

Work Location: In person

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