Key Responsibilities
- Manage day-to-day purchase activities for machining parts, bought-out components, and job work requirements.
- Review purchase requirements/indents and ensure timely procurement as per production and inventory requirements.
- Identify and evaluate potential suppliers based on quality, cost, delivery capability, capacity, and technical requirements.
- Develop new vendors and strengthen the existing vendor base to ensure reliable and competitive sourcing.
- Float RFQs (Request for Quotations), obtain and analyze quotations, negotiate commercial terms, and finalize suppliers.
- Prepare and release Purchase Orders (POs) in accordance with approved requirements and commercial terms.
- Coordinate with vendors for timely delivery, quality issues, dispatches, and other procurement-related concerns.
- Handle procurement of machining components, bought-out parts, and job-work activities, including rate and cost analysis.
- Conduct job-work and vendor cost analysis to ensure competitive pricing and optimum procurement costs.
- Monitor inventory levels and coordinate with Stores, Production, PPC, and other concerned departments to ensure material availability and avoid excess/short inventory.
- Track open purchase orders and follow up with suppliers for timely delivery as per committed schedules.
- Evaluate supplier performance based on quality, delivery, cost, responsiveness, and service,
and maintain supplier performance records.
- Identify supplier-related risks and initiate corrective actions wherever required.
- Support cost reduction initiatives through vendor development, alternate sourcing, price negotiation, and process improvements.
- Maintain proper documentation related to RFQs, quotations, comparative statements, POs, vendor evaluations, and purchase records.
- Coordinate with Quality and Engineering teams for supplier development and resolution of quality-related issues.
- Ensure procurement activities are carried out in accordance with company policies, approved vendors, specifications, and commercial requirements.
Required Skills & Competencies
- Strong knowledge of Purchase & Procurement processes.
- Good understanding of machining parts and bought-out components.
- Experience in vendor identification, development, and evaluation.
- Knowledge of RFQ, quotation comparison, negotiation, and PO processing.
- Understanding of job work procurement and cost analysis.
- Good knowledge of inventory management and material planning.
- Ability to evaluate and monitor supplier performance.
- Strong negotiation and vendor management skills.
- Good analytical and commercial acumen.
- Positive coordination and communication skills.
- Proficiency in MS Excel and ERP/SAP would be preferred.
📌 Deputy Purchase Manager (Oragadam)
🏢 JCBL
📍 Oragadam