Job Description

Position Name :

Purchase Officer

- A good comms skills candidate with minimum 3 years Raw material sourcing exp , Import exp , Letter of Credit (LC) experience.

Job Responsibility - Sourcing, Purchase

Strategic Planning (RM Purchase) of A class Items (Caprolactam / N6 Chips / PET Chips / N6 Yarn / PET Yarn / N-66 Yarn) on a daily, monthly, and quarterly basis.

Order Management:

Ensures placement of orders (A-Class Items), Establishing Letter of Credit (LC), and Shipments as per our plan. Follow up with suppliers for on-time dispatches.

Price Monitoring:

Updating and monitoring prices of A-class items for negotiation and finalizing orders. Coordination with unit MLT (Four plants) and resolving issues related to Shipping Documents, Payment advices, and Sanction notes.

Reporting:

Business sourcing monthly reports updation. PPT and Excel files. Analysis of Import Data - Caprolactam / N6 Yarn / N6 Chips every month. PBCS activity during Budget Session.

Sales Order Management:

Sales order punching for all customers in a newly designed application to avoid manual errors.

Coordination:

Coordination with Transporters for new contracts, Security Deposits, and Bank Guarantee.

Raw Material Delivery:

Ensures delivery of Raw Material in proper time by following up orders from Suppliers.

Inspection and Verification:

Inspection of incoming materials by verifying minimum specification requirements, such as Certificate of Analysis and Quality Certificate, etc. Verification of invoices with Technical Fibre reports.

Shipment Monitoring:

Daily monitoring of shipments to prevent delays and production losses at the factory level.

Negotiation and Coordination:

Negotiation, supplier reliability, cross-functional coordination with unit MLT, Finance, PPC, SSC, and other stakeholders of TTB.

Inventory and Sourcing:

Inventory control, strategic sourcing & vendor development. Cost optimization & supplier negotiation. Demand forecasting & forward planning. Risk management, sustainability, and ethical sourcing.

Import Procurement:

Import procurement including documentation (LC, BOE), customs clearance, and coordination with freight forwarders and CHA.

Cross-Functional Coordination:

Cross-functional coordination (Production, QA/QC, Finance).

Regulatory Compliance:

Regulatory Compliance (ISO, REACH, SEZ).

Audit Execution:

Internal & external audits were executed for all A-class raw material.

Procurement Management:

Executed end-to-end Procurement of Raw Materials valued at Rs. 100 crore monthly, ensuring cost optimization, supplier reliability, and continuous supply for uninterrupted production for multiple manufacturing units.

Decision Making:

Decision-making skills & expertise in the Procurement process.

Freight Finalization:

Finalizing ocean freight forwarders for sea shipments in case of FOB terms.

Supplier Monitoring:

Monitoring supplier performance on quality, delivery, and compliance.

Inventory Reduction:

Reduced inventory holding by 13 days, improving working capital turnover.

Procurement Scale:

Handled procurement of 7000 MT worth Rs100+ Cr/month with zero stock-outs.

Market Knowledge:

Leveraged up-to-date market knowledge for successful purchase decisions, impacting the bottom line positively.

Vendor Development:

Developed alternate vendors, reducing dependency on single-source suppliers.

Location:

Gurgaon

Job Types: Full-time, Permanent

Application Question(s):

How Many years of Experience you have in to Purchase? Do you have experience of purchase of raw material? Do you have experience of Letter of credit? Your Current location?
Work Location: In person