Job Purpose:
Developing and executing purchasing strategies, achieve cost effective procurement of resources at defined quality while maintaining positive relationships with suppliers / vendors.
Principal Accountabilities
- Ensuring effective purchasing for the organization:
- Ensure material reaches on-time as per purchase schedule.
- Reviewing daily basis on goods ordered and receipt of goods.
- Negotiation with vendors on receipt of quotation with team members and co-ordination for finalization with costing team.
- Discussing with Costing and Management for major Price revision after finalization with supplier and taking approval as per price approval matrix.
- Approving the SAP POs within the cost budgetary price.
- Vendor / Supplier development:
- Developing and implementing purchasing strategies.
- Assist the team in developing a new vendor with better quality and best price.
- Ensuring that all procured items meet the required quality standards and specifications.
- Propose Improvements on Procurement activity to improve efficiency.
Managing Team :
- Managing daily purchasing activities, supervising staff, and allocating tasks.
- Train team on daily basis to improve efficiency in work.
New product development:
- Interaction b/w all department for quick communication on NPD products.
- Identify the supplier, feasibility study.
Inventory Control and MRP:
- Inventory control as per company norms and depends on market trend.
- Understanding the demand from sales and running MRP in SAP.
Internal communication & documentation:
- Daily conduct the review meetings along with Stores + PPC + Purchase to understand the production schedule.
- Attend the inter department meetings.
- Maintaining the supplier database and purchase records.
- Preparing the monthly MIS Reports as per approval template.
Knowledge & Skills needed to deliver on the accountabilities:
- Communication Skills
- Process Knowledge
- Product knowledge
- Supplier development
- Supplier evaluation
- Team handling
- Problem solving skills.
- Negotiation skills
- SAP knowledge
- Presentation skills
Years of relevant Experience needed: Minimum 5 years of procurement experience in Manufacturing Industry
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