Purchase Officer

Job description:

Procurement of Mechanical materials for Aerospace manufacturing industry with minimum experience of 1-5 years.

Duties and Responsibilities

• Evaluating vendors, comparing their products, prices, and services
• Negotiating contracts and agreements with suppliers to ensure the best terms
• Maintaining and updating supplier information such as qualifications, delivery times, product ranges, etc.
• Managing inventories and maintaining accurate purchase and pricing records
• Monitoring stock levels and identifying purchasing needs
• Researching and identifying prospective suppliers
• Implementing and enforcing company procurement policies and procedures
• Reviewing quality of purchased products and resolving any discrepancies
• Working with team members and Procurement Manager to complete duties as needed
• Develop, lead and execute purchasing strategies
• Track and report key functional metrics to reduce expenses and improve effectiveness
• Perform cost and scenario analysis, and benchmarking
• Assess, manage and mitigate risks
• Seek and partner with reliable vendors and suppliers
• Determine quantity and timing of deliveries
• Monitor and forecast upcoming levels of demand
• Maintain records of purchases, pricing, and other important data
• Review and analyze all vendors/suppliers, supply, and price options

Qualifications:

• Proven work experience as a Purchasing Officer, Purchasing Agent or similar role
• Good knowledge of vendor sourcing practices (researching, evaluating and liaising with vendors)
• Understanding of supply chain procedures
• Solid analytical skills, with the ability to create financial reports and conduct cost analyses
• Negotiation skills

Education: Diploma (Mechanical) or equivalent

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹25,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person