Key Responsibilities:
- Sourcing and Supplier Management: Identify potential suppliers, conduct market research, and evaluate proposals to select reliable vendors offering competitive prices and high-quality products/services.
- Purchase Orders: Prepare and process purchase orders for materials, equipment, and services, ensuring accuracy, completeness, and timely delivery.
- Price Negotiation: Negotiate favourable terms and pricing with suppliers to achieve cost savings while maintaining product quality and delivery timelines.
- Inventory Control: Monitor stock levels of essential materials and equipment, and coordinate with inventory management to avoid stockouts and overstock situations.
- Vendor Performance: Evaluate vendor performance regularly based on quality, delivery, and pricing, and address any issues or concerns promptly.
- Contract Management: Review and manage contracts with suppliers to secure appropriate terms, conditions, and service agreements.
- Quality Assurance:



Collaborate with the quality control team to ensure purchased materials meet required standards and specifications.
- Documentation: Maintain comprehensive and accurate records of purchasing activities, including purchase orders, receipts, and invoices.
- Budget Compliance: Work closely with the finance department to ensure purchases align with budgetary constraints and cost-control objectives.
- Market Research: Stay updated with industry trends, current products, and market conditions to make informed procurement decisions.
- Compliance: Adhere to company policies, industry regulations, and ethical procurement practices in all purchasing activities.
- Risk Management: Identify and mitigate potential risks in the supply chain, such as supply disruptions, pricing fluctuations, and geopolitical factors.

📌 Purchase Engineer (Pune)
🏢 Synstack Technologies
📍 Pune