Job Summary:
We are seeking a detail-oriented and experienced Sr. Executive - Purchase with strong expertise in sourcing and procurement of Motor, Rotor, Sheet Metal, and Electrical commodities. The ideal candidate will be responsible for vendor management, cost control, procurement planning, and ensuring timely availability of quality materials for production requirements.
Key Responsibilities:
Strategic Sourcing:
Identify, evaluate, and develop suppliers for motors, rotors, electrical components, and sheet metal parts.
Negotiate contracts and agreements to secure competitive pricing and terms.
Procurement Operations:
Issue purchase orders (POs), track deliveries, and ensure adherence to lead times and quality standards.
Maintain optimal inventory levels to prevent production delays and excess stock.
Vendor Development & Management:
Build and maintain strong relationships with suppliers.
Regularly audit suppliers for compliance with quality, cost, and delivery parameters.
Evaluate supplier performance using key metrics like OTIF (On Time In Full), quality scorecards, and cost-effectiveness.
Cost Control & Benchmarking:
Conduct market analysis and cost benchmarking to ensure procurement at the most competitive rates.
Implement cost reduction initiatives through value engineering and alternate sourcing.
Coordination & Documentation:
Collaborate with Engineering, Production, Quality, and Finance teams for seamless procurement operations.
Maintain accurate records of purchases, pricing, and supplier performance.
Compliance & Risk Management:
Ensure procurement complies with company policies, ethical practices, and regulatory requirements.
Identify and mitigate supply chain risks proactively.
Required Skills & Qualifications:
Bachelor's degree in Engineering / Supply Chain / Commerce (MBA preferred)
Job Types: Full-time, Permanent
Pay: ?35,000.00 - ?45,000.00 per month
Work Location: In person
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