Education & Experience required:
Qualification: BE or Diploma Mechanical
Experience: Minimum 03 to 08 years
Knowledge & Skills:
- Cost Reduction
- Lead Time Reduction
- Enhanced Credit Terms from Suppliers
- Timely procurement of correct raw materials
- Deductions / replacements for defective materials
- Supplier Performance Rating
Responsibilities:
- Co-ordination with Planner and release orders to suppliers
- Release PO with appropriate schedules/ RM Spec to Supplier
- Negotiating with suppliers for prices and delivery
- Follow up with suppliers for Order Confirmation
- Co-ordinate with EXIM to finalize logistics – Mode of shipment and freight forwarders
- Follow up for timely delivery of raw materials
- Supplier Performance Monitoring at Periodic Intervals
- Interact with supplier for quality related issues
- Effective Handling of rejections and ensure completion of all formalities including RMAs and Credit Notes from Suppliers
- Follow up with accounts for payment to supplier
- Effective Communication to all Suppliers including forecast of required materials
- Preparation of Purchase costing
- Obtain RM specs & BOM in time to procure raw materials for timely production.
- Suppliers’ visits and periodic Supplier audits.
- Supply Agreement with Key suppliers