Job Description

Job Summary:

The Purchase Executive is responsible for managing the procurement of materials, equipment, and services required for the manufacturing unit. This includes sourcing suppliers, negotiating contracts, and ensuring timely delivery of goods. The role demands a strong understanding of the manufacturing process, market trends, and technical requirements of materials.

Key Responsibilities:

• Procurement Management:
• Identify and evaluate potential suppliers based on quality, cost, and reliability.
• Develop and maintain relationships with key suppliers.
• Issue purchase orders and ensure timely delivery of materials and equipment.
• Monitor inventory levels and coordinate with the production team to forecast material needs.
• Negotiation and Contract Management:
• Negotiate terms and conditions with suppliers to achieve the best possible pricing and service agreements.
• Manage contracts and ensure compliance with company policies and regulations.
• Resolve any issues or discrepancies related to purchase orders and deliveries.
• Supplier Evaluation and Development:
• Conduct regular evaluations of supplier performance and implement improvement plans as needed.
• Develop alternative sources of supply to ensure continuous production flow.
• Technical Assessment:
• Assess the technical specifications of materials and equipment to ensure they meet the required standards.
• Collaborate with the engineering and production teams to understand technical requirements and specifications.
• Stay updated on industry trends and advancements in materials and equipment.
• Documentation and Reporting:
• Maintain accurate records of all procurement activities, including purchase orders, contracts, and supplier communications.
• Prepare reports on procurement status, cost analysis, and supplier performance for management review.

Technical Skills Required:

• ERP and Procurement Software:
• Proficiency in using ERP systems (e.g., SAP, Oracle) for managing procurement processes.
• Experience with procurement software and tools for tracking orders and managing supplier relationships.
• Technical Knowledge:
• Understanding of manufacturing processes and the technical requirements of materials and equipment.
• Ability to read and interpret technical drawings, specifications, and standards.
• Analytical Skills:
• Strong analytical and problem-solving skills to evaluate suppliers and negotiate contracts.
• Ability to analyze market trends and assess the impact on material costs and availability.
• Quality Management:
• Knowledge of quality control procedures and standards relevant to the manufacturing industry.
• Ability to assess supplier quality and implement corrective actions when necessary.
• Communication and Negotiation:
• Excellent communication and negotiation skills to interact with suppliers and internal stakeholders.
• Ability to build and maintain effective working relationships with suppliers and colleagues.

Qualifications:

• Diploma/Bachelor's degree in Mechanical Engineering or related field.
• 2-5 years of experience in procurement or supply chain management, preferably in a manufacturing environment.
• Certification in procurement or supply chain management is a plus.

Personal Attributes:

• Detail-oriented with strong organizational skills.
• Ability to work under pressure and meet tight deadlines.
• Proactive and self-motivated with a continuous improvement mindset.

Working Conditions:

• Office-based with occasional visits to supplier sites and manufacturing facilities.
• May require travel to attend supplier meetings and industry conferences.

Job Type: Full-time

Pay: ?15,000.00 - ?25,000.00 per month

Benefits:

• Leave encashment

Schedule:

• Day shift

Experience:

• total work: 2 years (Preferred)

Work Location: In person