Director - Purchase
CurrentDuties / Responsibility: Selection of Supplier: The primary duty of the Purchase officer is to select right supplier. It is to be done by preparing comparative statements. Out of the comparative statement reliable supplier is selected by the way of securitization. At the time of placing the order the suppliers capacity is also judged. Maintaining continuity of supply: The purchasing function must ensure the continuous availability of material, supplies and equipment’s to maintain production schedule or to avoid disruption in production. The purchasing function also requires investments in reserve inventories. The efficiency of purchasing function lies in proper balancing of these factors which require experience, judgment of future activities and trends and various other activities on the part of purchasing authority. Maintenance standards quality: The purchasing function must ensure that the material purchased must be of required quality in order to produce the goods according to specifications and to maintain quality standards. Avoidance of duplication, waste and obsolescence: The purchasing authority must have the accurate knowledge of the items in hand and the requirements of materials for a particular period in order to have proper decision in view of long range and short range plans. This is necessary to avoid duplication, waste and obsolescence with respect to various items purchased. Maintenance of company's competitive position: The purchasing authority must constantly examine his specifications for the purchase of right material.This is necessary to make sure that his company's quality standards are neither higher nor lower than those of close competitors and to maintain his company's position in the industry. Maintenance of company's good image:The purchasing agent must create a good image in the minds of suppliers.This will help him in purchasing operation and to discover new ideas and materials besides lowering its cost or improving products
