Job Title:Sourcing Executive Purchase:An important position in the organization to take care of procurement of electronic components, mechanical and PCB fabrications, connectors and wiring harness and any other item that isrelevant to Production, R&D and day to day operations of the organizationJob Role & Responsibilities:xc2xb7 Collating various Material Requisitions receivedxc2xb7 Sending out RFQs to vendors, eliciting response and preparation of comparative statement of costxc2xb7 Consistently identifying and assessing vendor performance and bringing in newer vendors to create competition between the vendors to gain the best price that would reduce BoM costxc2xb7 Placement of orders with vendors for timely/just in time procurement in order to not burden Cash flowxc2xb7 Ensuring the timely acceptance /rejection of the material suppliedxc2xb7 Ensuring the correctness of the documents that accompany the items delivered by the vendorxc2xb7 Ensuring release of timely payments to vendors as per accepted credit termsxc2xb7 Maintaining a data base of all components procured with break-up of basic cost, taxes and duties, freight, etc., on a project to project basisxc2xb7 Interact with Stores periodically to cross verify incoming and issued material to ensure the correctness of the records maintained by storesxc2xb7 Use and improve the Tally based ERP system consistently
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