Senior Purchase Executive
Current• Material and Procurement Planning: Categorize BOM based on raw material, long lead item, technical bought outs (Bearings, Hardware, Fittings), consumables & Imported items. Planning lead time for different items to be procured and take procurement action accordingly for smooth running of the workshop.• Purchase Order Management (PR to PO): Sending RFQ of items to be procured to the vendors based on PR raised for different projects & workshop consumables. Preparation of Comparison sheets based on various offers, negotiate with vendors and release orders in SAP to most appropriate vendors. Track and monitor orders to ensure timely delivery.Identify cost-saving opportunities and implement measures to reduce expenses without compromising quality. Negotiate contracts, terms and pricing with suppliers to secure the best deals & Reform long-term contracts with key suppliers.• Supplier Management: Keep good relationships with existing vendors by constant contacts, Vendor visits and thereby achieved price reduction in frequently procured items. Sourcing new vendors for various items to be procured, thereby reducing the purchase cost and increasing item availability and enhancing business continuity.Responsible for market research to identify new vendors for specific product categories. Qualifying the best of the names based on product quality, delivery time, production capacities, pricing and evaluate their document for vendor registration.• Coordination with other departments: Coordinate with the Design and Project team for approvals on design deviation. Coordinating with QC for arranging inspection of various ordered materials, advise vendor for rectification if any deviation is found in inspection; thereby ensure all material cleared in inspection. Examine purchase invoicing & support finance to facilitate timely release of payment. Coordinating with the logistics department to arrange timely lifting of materials from vendor sites.
