Purchase Executive

·        Timely and cost effective procurement of Capital Goods/ Spares/ Consumables and services which meets quality standards.

·        Ensure no production lose collaborating with the Planning Department to draw purchase plans

·        Floating RFQ to selected vendors, under the consideration of QCD;

·        Comparing the quotations on techno-commercial basis;

·        Negotiating with vendors and finalizing the Purchase Order as per SOP

·        Evaluating vendor performance on quality, delivery, technical assistance, after-sales services, compliance of safety norms & so on –

·        Coordinating cross-functionally for supply chain activities - Following up with vendors for on-time delivery and resolution of any urgency –

·        Reducing overall supply chain cost by developing substitute of OEM vendors, indegenious development of material and alternative vendor development.

·        Developing Annual Rate Contracts for regular consuming goods & spares to have economical advantage and reduce lead time –

·        Establishing & implementing methods & best practices related to systems & processes for supporting inventory forecasting, purchasing & material control   

·        Devising a sourcing strategy to meet company’s business growth and sourcing requirements which significantly brought down sourcing costs

·        Maintenance of supplier data & Preparation of monthly MIS reports.

Other tasks as assigned from time to time