Job Description

Purchase Executive Job description :

• Making PO’s against the Jobs Assigned Knowledge of Electronic Market – Domestic & International

• Knowledge of Sourcing & its Processes

• Desired-Vendor Development
• Inter team coordination with the different department.

• Locate and analyze vendors of materials, equipment, or supplies, and interview them to determine product availability Negotiate purchases and contracts with vendors.

• Prepare and process requisitions and purchase orders for supplies and equipment. Product and assembly cost estimation for newly developed components.

• Sourcing of parts from various vendors.

• Applying innovative ideas for cost innovation from vendors. Alternate source for cost reduction and maintaining high quality standards.

• Achieving cost innovation on continuous basis through hard and e vendors to reduce the price of the product and increasing the profitability of the company. Monitoring quarter wise spend analysis for all categories

• Knowledge on Vendor evaluation & Vendor ratings

• Bachelor's/ Master’s in Electronics required

• 3-7 Years of Experience Required

• Should be from Electronics background
• Proficient in Microsoft Excel
• Added Advantage if background knowledge of International Trade is there SKILLS Purchase Management

• Negotiation

• Sourcing/ Procurement Management

• Strategic thinking

• Relationship Management

• Communication, written and verbal

• In depth knowledge of Microsoft Office

• Need to be a decision maker

• Knowledge of Incoterms

• Knowledge of IATF along with ISO Desired

• Knowledge of Local Market