Key Responsibilities

1. Strategic Procurement

• Develop and execute procurement strategies aligned with production and business plans.

• Source raw materials, fabricated components, electrical items, and engineering consumables.

• Identify, evaluate, and onboard new suppliers.

• Build long-term strategic supplier relationships.

• Lead supplier negotiations for pricing, delivery, payment terms, and commercial agreements.

• Develop, standardize, and implement procurement processes to improve efficiency, accountability, and consistency across the Purchase function.

• Create and maintain Standard Operating Procedures (SOPs) for all procurement activities and ensure adherence by the team.

2. Purchase Planning:

• Prepare procurement plans based on production schedules and sales forecasts.

• Ensure uninterrupted availability of materials for manufacturing.

• Monitor procurement lead times and proactively mitigate supply risks. • Coordinate closely with Production Planning, Stores, Design, and Quality team

3. Vendor Development:

• Develop alternate suppliers to reduce dependency on single vendors. • Conduct supplier capability assessments.

• Monitor supplier performance through KPIs such as quality, cost, and on-time delivery.

• Implement supplier improvement initiatives

4. Cost Optimization

• Identify opportunities for cost reduction and value engineering.

• Negotiate annual rate contracts where applicable.

• Optimize procurement costs without compromising quality.

• Track market trends and raw material price movements.

5. Inventory Management

• Coordinate with Stores to maintain optimum inventory levels.

• Reduce excess inventory and prevent stock-outs.

• Monitor slow-moving and obsolete inventory

6.



Cross-Functional Co-ordination

• Work closely with Production, design, quality, stores, finance & sales team

• Resolve procurement-related issues affecting production schedules. • Conduct weekly review meetings with the Purchase team and key stakeholders to identify procurement challenges, resolve bottlenecks, and drive continuous process improvements.

7. ERP and documentation

• Ensure accurate purchase documentation and ERP updates.

• Monitor Purchase Orders from creation to closure.

• Maintain procurement records and supplier documentation.

• Generate procurement MIS reports for management

8. Team management & Leadership

• Guide and mentor Junior Purchase Executives.

• Delegate routine procurement activities.

• Monitor procurement timelines and team performance.

• Develop succession within the Purchase Department.

9. Managing Import PO, Import Documentation & GIN/GRN

• Import Purchase Order (PO) Management.

• Import Documentation Handling.

• Handling end to end process of imports including but not limited to coordinating with the overseas manufacturer / OEM, coordinating with CHA, getting the goods custom cleared etc.

10. Compliance

• Ensure compliance with company procurement policies.

• Maintain ethical procurement practices.

• Support ISO and audit requirements.

• Ensure proper documentation for statutory and quality audits

Qualification & Experience

B.E in mechanical/Electrical/electronics engineering

7 years in Manufacturing unit, preferably in electrical/electronic products.

Knowledge of Procurement processes.

Familiarity with ERP systems (SAP MM, Oracle, Tally, etc.).

Robust negotiation & communication skills.

Team handling and leadership skills

📌 Senior Purchase Engineer (Maharashtra)
🏢 Peace Power
📍 Maharashtra