Material Buyer

Material Buyer

Job Description for Material Buyer

Summary

• Must have knowledge of Material requirement planning in a Manufacturing setup.
• Preferably should have Experience in techno-commercial purchase of Direct material (DM), Indirect material (IDM) and services in a Manufacturing setup; Exposure to HVAC industry will be an added advantage.

Responsibilities

·       Ensuring consistent and adequate supply of materials necessary for production.

·       Material requirement planning- MRP running & PR/ demand generation.

·       Study of Purchase Requisition- DM/IDM.

. Research/ source potential vendors for required goods & services (DM/IDM) and Send RFI/ RFQ/ RFP (Request for Information/ Quotation/ Proposal) to the suppliers.

·       Compare and evaluate techno-commercial offers from suppliers.

·       Negotiate pricing & terms of agreement applicable to the Order and send Comparative statement for approval.

·       Converting Purchase requisitions to Purchase Order in SAP as per approved prices.

·       Scheduling, tracking orders and ensuring timely delivery of materials with regular follow-up.

·       Just in time (JIT) items planning & scheduling.

·       Co-ordinate with Stores for on-time GRN and proper storage.

·       Maintaining System Hygiene and Manage inventory issues.

·       Monitor stock levels of consumables, hardware, and other C class items; place orders as needed to ensure availability.

·       Take lead in solving critical material shortage problems.

·       Rejection handling- Communicate to Supplier, tracking return material, informing supplier on returned material. Timey replacement of rejected material.

·       Monitoring pending payment of supplier & co-ordinate with accounts department of timely release of payment.

·       Vendor visits, vendor development, new vendor onboarding- Co-ordinate with new supplier for required documentation; create vendor add request in MDG after receipt of required approvals from procurement and documents from supplier.

·       Maintain updated records of purchased products, delivery information and invoices.

·       Prepare reports on purchase, including cost analysis, spend analysis, inventory analysis etc.

·       Tracking production volume and monitoring customer demand patterns; Coordinating with other departments regarding production goals, timelines, etc.

Requirements

·       Should possess 3-4 years’ experience in Material planning/ Procurement; preferably in Manufacturing/ HVAC domain.

·       Good knowledge of vendor sourcing practices (researching, evaluating, and liaising with vendors)

·       Should have exposure to ISO standards & procedures.

·       Hands-on experience with ERP – SAP

·       Proficiency in MS Excel/Word/PowerPoint.

·       Understanding of overall supply chain procedures

·       Solid analytical skills, with the ability to create financial reports and conduct cost analyses.

·       Negotiation skills.

·       Any Graduate preferably Diploma/Degree in Engineering.