Junior Manager - Buyer
Current• Understands end user's requirement, Float inquiries, receiving & evaluating Quotation, negotiating on techno-commercial basis, costing of components, comparisons & placing purchase orders• Coordinating with various departments like Quality, Planning, Accounts & stores etc.to ensure timely effectiveness for orders.• Continuous follow-up with the vendors to meet the scheduled delivery and quality performance.• Detail costing of components & equipment for better negotiation.• Maintain Purchase documentation (PR to PO Documents).• Transport orders as per user department requirement.• Responsible Preparation & Execution of purchase order and sending the same to suppliers & sub-contractors.• Solving issue of blocked invoices by coordinating with account dept.• Supplier assessment and improvement.• Cost saving through procurement optimization, commodity rate revision as per plan.• Cancelling orders for as per User dept. requirement.• Maintaining LEAN daily management data for Productivity.• Analyzed different factors which affects cost savings.• Observed Raw material price trend.Vendor Development and Cost saving:-Effective management of vendor database.Handling HVOF and stellite coating component.ABC classification of vendors on the basis of criteria like cost, quality, timely delivery etc.Development of new vendors.Conducting meeting with vendors to educate them about company's requirements and help them in improving their performance.Evaluating vendors & negotiating the price, delivery schedule and terms and conditions with them.Timely clearance of payments & handling vendor inquiries.Developing reports on various programmes run for vendor development for top management.
