To manage the procurement of raw materials, components, and Bought Out Parts (BOP) in a timely and cost-effective manner, ensuring uninterrupted production while maintaining quality and compliance standards.
Key Responsibilities
? Manage end-to-end purchase process including sourcing, vendor evaluation, negotiation, order placement, and follow-up.
? Identify and develop reliable suppliers for required components, materials, and services.? Coordinate with production, quality, and stores departments to understand materialrequirements and specifications.
? Monitor vendor performance with respect to delivery timelines, quality, and pricing.
? Handle alternate sourcing in case of discontinued items, vendor delays, or quality issues.
? Prepare and issue Purchase Orders (POs) and maintain purchase records in ERPsystems.
? Negotiate cost reductions, payment terms, and delivery schedules with suppliers.
? Ensure compliance with company procurement policies and statutory requirements.
? Resolve supply disruptions quickly to avoid production downtime.
? Maintain updated records of supplier agreements, price lists, and contracts.