Key Responsibilities

Procurement & Sourcing
Source mechanical, electrical, electronic, and engineering materials from approved suppliers.
Float RFQs/RFPs, obtain quotations, and prepare comparative statements.
Evaluate suppliers based on quality, cost, delivery, technical capability, and reliability.
Negotiate pricing, payment terms, delivery schedules, and commercial conditions.
Issue Purchase Orders (POs) and ensure timely order execution.

Vendor Development & Management
Identify and develop recent vendors for engineering components and services.
Conduct supplier evaluations and performance reviews.
Build strategic relationships with key suppliers to ensure continuity of supply.
Coordinate with vendors to resolve quality and delivery issues.

Technical Procurement
Understand engineering drawings, technical specifications, and Bills of Materials (BOMs).
Procure mechanical, electrical, electronic, and industrial components as per project requirements.
Coordinate with Engineering, R&D;, Production, and Maintenance teams to finalize specifications.
Ensure procured materials comply with required technical standards and certifications.

Inventory & Supply Planning




Monitor inventory levels to prevent stock shortages and excess inventory.
Coordinate with stores and warehouse teams for material receipt and stock reconciliation.
Support inventory optimization and material planning activities.

Cost Optimization
Identify prospects for cost reduction through alternate sourcing and value engineering.
Conduct price benchmarking and market analysis.
Support annual procurement budgeting and cost-saving initiatives.

Documentation & Compliance
Maintain procurement records, purchase orders, vendor contracts, and supplier documentation.
Ensure procurement activities comply with company policies and statutory requirements.
Coordinate with Finance for invoice verification and payment processing.
Maintain accurate procurement data in ERP systems.

Cross-Functional Coordination
Liaise with Engineering, Production, R&D;, Quality, Stores, and Finance departments.
Expedite critical materials to meet production and project timelines.
Participate in current product development and localization initiatives.

Pay: ₹25,000.00 - ₹30,000.00 per month

Work Location: In person

📌 Purchase Engineer Pune
🏢 P&N Consultancy
📍 Pune