Key Responsibilities

1. Vendor Management & Development

• Maintain effective working relationships with existing vendors to ensure

continuity of supply.

• Develop 2–3 current vendors per quarter for approved and critical components.

• Support vendor evaluation, onboarding documentation, and periodic

performance reviews.

• Track vendor performance parameters: delivery, quality, responsiveness, and

cost.

2. Purchase Process & Documentation

• Execute timely RFQ / RFI issuance as per approved PRs.

• Manage PR-to-PO cycle within defined TAT.

• Prepare and release POs as per approval matrix.

• Ensure accuracy of invoices, HSN codes, GST compliance, and supporting

documents.

• Maintain procurement records for audit and internal review.

3. Cost Management & Negotiation

• Support and achieve cost reduction / cost economy targets defined for the Motor

BU.

• Conduct price negotiations under guidance and finalize commercial terms.

• Prepare actual vs negotiated rate comparison and cost analysis sheets.

• Support standardization and alternate sourcing initiatives.





4. Compliance & Audit

• Maintain procurement-related documentation for ISO, Six Sigma, and internal

audits.

• Support supplier audits and ensure timely closure of audit observations.

• Ensure collection and maintenance of statutory and compliance documents

from vendors.

5. Cross-Functional Coordination

• Coordinate with QA, EDP, R&D;, Production, Sales, QC, Stores, and Accounts for

smooth execution.

• Support resolution of issues related to quality rejections, delivery delays, and

system mismatches.

• Participate in cross-functional reviews as required.

6. New Product & Supplier Development

• Support new product development (NPD) activities from procurement

perspective.

• Review RFQs, quotations, tooling costs, supplier agreements, and feasibility

inputs.

• Assist in supplier feasibility and commercial evaluation for new parts.

7. Inventory & Supply Chain Efficiency

• Support initiat

📌 Purchase Engineer (Pune)
🏢 POSIMIND
📍 Pune