- · Develop and implement monthly and quarterly raw material procurement plans aligned with production schedules and organizational goals.· Forecast material requirements, ensuring Minimum Order Quantity (MOQ) and Reorder Level (ROL) standards are met to avoid stockouts or overstocking.· Lead vendor selection, evaluation, and onboarding processes, maintaining a reliable supplier base.· Obtain quotations, analyze price competitiveness, and negotiate favorable terms, balancing cost, quality, and delivery timelines.·
- Build and maintain long-term vendor relationships to ensure service consistency and continuous improvement.· Oversee the preparation, approval, and tracking of Purchase Orders (POs) in line with company policies.· Coordinate with transporters and logistics providers to ensure timely material deliveries.·
- Address and resolve vendor-related issues, including billing corrections, payment holds, rejected goods, and rework cases.· Ensure all ERP system entries are accurate and up-to-date; troubleshoot and resolve entry issues in collaboration with the IT/ERP team.·
- Approve advance payments, hold payments when necessary, and ensure all vendor payments are processed on time.· Assist in product cost calculations and contribute to cost-saving initiatives.· Identify training needs, mentor, and develop subordinates to enhance their skills and performance.·
- Promote teamwork and ensure adherence to company standards such as 5S and continuous improvement practices.· Provide regular updates to the Manager – Purchase regarding procurement status, challenges, and improvement opportunities.· Coordinate with internal departments (Stores, Production, Finance, QA) to ensure smooth material flow and issue resolution.
Required Candidate from Machinery Manufacturing Company
Pay: ₹70,000.00 - ₹80,000.00 per month
Benefits:
- Flexible schedule
- Health insurance
- Paid sick time
- Provident Fund
Work Location: In person
