1. Procurement & Vendor Management
- Manage end-to-end procurement of raw materials, components, consumables, packaging materials, and other requirements.
- Identify, evaluate, and develop reliable suppliers and vendors.
- Negotiate price, payment terms, delivery schedules, quality requirements, and other commercial terms.
- Obtain and compare quotations from multiple suppliers to ensure competitive pricing.
- Maintain strong relationships with existing vendors and continuously develop alternate sources.
2. Purchase Planning
- Coordinate with Production, Stores, QC, Sales, and Management to understand material requirements.
- Prepare purchase plans based on production schedules, stock levels, and upcoming requirements.
- Ensure timely availability of materials to avoid production delays.
- Monitor minimum and maximum stock levels and initiate purchases accordingly.
3. Cost Control
- Negotiate with suppliers to achieve cost savings without compromising quality.
- Monitor changes in raw-material prices and market trends.
- Identify opportunities for alternate materials, suppliers, or cost-effective sourcing.
- Maintain proper records of purchase prices and periodically review vendor pricing.
4. Purchase Orders & Documentation
- Prepare and release Purchase Orders (POs) after obtaining the necessary approvals.
- Ensure POs clearly mention specifications, quantities, prices, delivery dates, payment terms, and quality requirements.
- Maintain proper purchase records, quotations, comparative statements, and vendor documentation.
- Coordinate with Accounts for invoice verification and payment-related issues.
5. Vendor Performance & Quality
- Monitor vendor performance related to quality, delivery, pricing, and service.
- Coordinate with the QC department for inspection and approval of incoming materials.
- Handle supplier complaints, rejected materials, shortages, and replacement requirements.
- Develop corrective actions with suppliers for recurring quality or delivery issues.
6. Inventory & Stores Coordination
- Work closely with the Stores team to monitor stock levels and material consumption.
- Avoid both stock-outs and excess inventory.
- Track pending purchase orders and ensure timely delivery.
- Review slow-moving and non-moving inventory and coordinate with management for appropriate action.
7. Team & Process Management
- Lead and supervise the purchase team.
- Allocate responsibilities and monitor the team's daily activities.
- Establish and improve purchasing procedures and approval processes.
- Ensure compliance with company policies and authorized purchasing limits.
8. Reporting
- Prepare regular reports on:
- Purchase orders
- Pending materials
- Supplier performance
- Purchase value
- Cost savings
- Material price changes
- Outstanding deliveries
- Provide management with timely updates regarding critical materials and procurement risks.
9. Compliance & Controls
- Ensure purchases are made only from approved/qualified suppliers wherever applicable.
- Maintain proper documentation for audits.
- Ensure adherence to company purchase policies, approval procedures, and commercial terms.
- Verify that purchased materials meet the required technical specifications and quality standards.
t to the role.
Pay: ₹40,000.00 - ₹70,000.00 per month
Work Location: In person
