Procure raw materials, fabricated components, bought-out items, electrical and mechanical parts, consumables, and services as per production requirements.
Source new suppliers and develop a reliable vendor base.
Obtain quotations, compare technical and commercial offers, and negotiate prices, payment terms, and delivery schedules.
Prepare and issue Purchase Orders (POs) in accordance with company procedures.
Follow up with suppliers to ensure on-time delivery and resolve supply delays.
Coordinate with Production Planning, Design, Stores, Quality, and Accounts for procurement activities.
Monitor inventory levels and plan purchases to avoid shortages or excess stock.
Evaluate supplier performance based on quality, cost, delivery, and service.
Maintain procurement records, vendor databases, and purchase documentation.
Ensure compliance with company procurement policies and quality standards.
Handle purchase returns, replacements, warranty claims, and vendor-related issues.
Identify opportunities for cost reduction and value engineering.
Support annual rate contracts and long-term supplier agreements.
Prepare procurement reports, MIS, and purchasing performance metrics.
Maintain confidentiality of commercial and technical information.
Skills
Manager Vendor Development
Purchase Executive
Additional Skills
Procure raw materials, fabricated components, bought-out items, electrical and mechanical parts, consumables, and services as per production requirements.
Source new suppliers and develop a reliable vendor base.
Obtain quotations, compare technical and commercial offers, and negotiate prices, payment terms, and delivery schedules.
Prepare and issue Purchase Orders (POs) in accordance with company procedures.
Follow up with suppliers to ensure on-time delivery and resolve supply delays.
Coordinate with Production Planning, Design, Stores, Quality, and Accounts for procurement activities.
Monitor inventory levels and plan purchases to avoid shortages or excess stock.
Evaluate supplier performance based on quality, cost, delivery, and service.
Maintain procurement records, vendor databases, and purchase documentation.
Ensure compliance with company procurement policies and quality standards.
Handle purchase returns, replacements, warranty claims, and vendor-related issues.
Identify opportunities for cost reduction and value engineering.
Support annual rate contracts and long-term supplier agreements.
Prepare procurement reports, MIS, and purchasing performance metrics.
Maintain confidentiality of commercial and technical information.