Purchase Executive

Vendor Management:

o Identify, evaluate, and select reliable vendors and suppliers for materials,

equipment, and services required for insulation manufacturing.

o Develop and maintain strong relationships with vendors to ensure timely

delivery of quality products at competitive prices.

o Negotiate contracts, terms, and conditions with vendors to optimize

purchasing terms and minimize costs.

2. Purchase Planning:

o Collaborate with production and inventory management teams to forecast

material requirements and develop procurement plans accordingly.

o Monitor inventory levels and procurement trends to anticipate demand and

prevent shortages or overstock situations.

o Implement inventory control measures to optimize stock levels and reduce

carrying costs.

3. Procurement Execution:

o Execute purchase orders and ensure timely delivery of materials to meet

production schedules.

o Coordinate with logistics and warehouse teams to streamline the receiving and

storage of purchased materials.

o Resolve any issues or discrepancies with purchased materials, including

quality concerns or delivery delays.

4. Cost Management:

o Analyze pricing trends, market conditions, and supplier performance to

identify cost-saving opportunities.

o Implement cost reduction strategies without compromising quality or

operational efficiency.

o Monitor and report on purchasing expenditures to ensure adherence to

budgetary constraints.

5. Compliance and Documentation:

o Ensure compliance with company policies, procurement regulations, and

industry standards.

o Maintain accurate records of purchases, contracts, and supplier agreements for

audit and reference purposes.

o Stay updated on relevant regulations and industry best practices related to

procurement and supply chain management

6. Imports Management:

o Oversee the importation process, including documentation, customs clearance,

and logistics coordination for materials sourced from international suppliers.

o Liaise with freight forwarders, customs brokers, and other relevant parties to

ensure timely and cost-effective importation of materials.

o Stay updated on import/export regulations, tariffs, and trade agreements to

minimize risks and optimize import processes.

7. Estimation and Cost Analysis:

o Provide accurate cost estimations for materials, including factors such as

quantity, quality, freight, customs duties, and other associated costs.

o Conduct thorough cost analysis and market research to identify cost-saving

opportunities and negotiate favorable terms with suppliers.

o Collaborate with project managers and other stakeholders to develop and

refine project budgets based on estimations and procurement costs.

Interested Candidates can share their CV at careers@samcomposites.com

More Information-8591866416

Job Type: Full-time

Pay: ₹10,000.00 - ₹25,000.00 per month

Work Location: In person