Purchase/Procurement Executive

• Vendor Onboarding & Off Boarding Process.
• Basic Principle of Purchasing.
• Depth knowledge of the source-to-pay process.
• Knowledge of vendor and their commodity.
• Vendor Agreement, NDA, and the clauses.
• Key Performance Indicator of Purchase.
• Knowledge of Risk and Contingency Plan.
• Ensure deliverables by vendor meets the expected quality standards.
• Should handle all the material purchases.
• Expediting the delivery of material to make sure the suppliers deliver the material within promised delivery time.
• Maintaining all purchase-related data and creating MIS reports on purchases as needed.
• Should have strong knowledge of vendor management and supply chain management.
• Develop, implement and drive the procurement strategies for the cost-effective acquisition of materials/services to meet the required needs.
• Search and source potential suppliers/ vendors.
• Negotiate with suppliers on lead-time, cost and quality.
• Work collaboratively with suppliers, manufacturers and internal departments relating to the ordering of materials, services and supplies for the company.
• Ensure commercial, legal and contractual compliance in all the procurement transactions.
• Prepare budget for procurement of materials required for the project and measure budgeted vs actual cost.
• Provide updated reports to top Management.
• Create monthly performance reviews and reports focusing on overall sourcing requirements.
• Coordinate with the Sales and Design and teams for product availability, lead times, and cost roadmaps for key materials.
• Keep records of materials under warranty and ensure timely repair/replacement of faulty items.
• Monitor and measure suppliers performance and re-evaluation.
• Maintain database of approved suppliers/vendors with price list and negotiated rates.
• On Time Delivery based on ERP NBD and GRN details.
• Delivery before due date (Early delivery) based on GRN details.
• Delivery after due date (Late delivery) based on GRN details.
• Inventory Turns based on monthly stock and sales.
• New Supplier Addition (Raw material) on SharePoint.
• Cost Saving on PO release.

Job Type: Full-time

Pay: ₹300,000.00 - ₹400,000.00 per year

Benefits:

• Cell phone reimbursement
• Health insurance
• Leave encashment
• Provident Fund

Experience:

• total work: 10 years (Required)

Work Location: In person