Purpose:
Ensure accurate Procurement Planning
to procure the highest quality parts / merchandise at the lowest possible
price, within set timeframes and in correct amounts, while maintaining focus on
customer satisfaction and cost saving on an ongoing basis. Ensure clarity on
all processes of procurement, monitor compliance of same. Position should have good hands on experience of
procurement function, sourcing, team handling, recent vendor development, cost
saving initiatives, along with strong analytical ability.
SOP: Understand and implement purchasing & contract management instructions, policies
and procedures. Participate in the development of specifications for equipment,
products or substitute materials and lead times of materials within specified
quality parameters.
Procurement Function: Ensure Procurement Plans to achieve position objectives, are
made monitored and delivered. Review material shortages affecting product assemblies. Arrive at
monthly / weekly& Quarterly Procurement Plans to meet Production Schedules.
Process –all requisitions of bought outs,
consumables (Commodity: automation,
electrical products, electronic products, miscellanies bought outs) and related
spares, Non-Commercial and Warranty parts. Ensure accurate forecasting and
planning to keep min-max levels of long lead products. Ensure sufficient stock
of products at vendor’s end.
Compliance: Terms, Statutory & Quality. Ensure correct and timely
submission of documentation for the payment to vendors. Ensure payments are
made as per terms. Ensure
delivery tracking and then coordinate with logistics for pick up and receipt.
Analysis: Compile Report for Supplier Performance to assess ability to
meet quality and delivery requirements. Analyze inventories to determine how to
increase inventory turns, reduce waste.
Budget & Cost
Control: Ensure
Implementation and Control on Budget by tracking budget variance for the
function. Present Variance with Explanations & solutions periodically and
seek ap
📌 Procurement Manager (Pune)
🏢 POSIMIND
📍 Pune