- Handle day-to-day purchase and procurement activities.
- Identify and develop new vendors based on company requirements.
- Source materials, components, consumables, and other required items.
- Collect quotations from suppliers and prepare comparative statements.
- Negotiate pricing, payment terms, delivery schedules, and other commercial terms.
- Prepare and process Purchase Orders (POs).
- Follow up with vendors to ensure timely delivery of materials.
- Coordinate with Stores, Production, Quality, Accounts, and other departments regarding material requirements.
- Monitor pending purchase orders and vendor delivery status.
- Maintain purchase records, vendor details, quotations, and related documents.
- Verify supplier invoices and coordinate with Accounts for payment processing.
- Handle vendor complaints, material shortages, delays, and quality-related issues.
- Monitor market prices and identify cost-saving opportunities.
- Ensure procurement is carried out as per company policies and approved budgets.
- Support inventory planning and ensure optimum stock availability.
Required Skills
- Valuable knowledge of Purchase & Procurement processes.
- Strong vendor management and negotiation skills.
- Knowledge of RFQ, quotation comparison, Purchase Orders, and vendor development.
- Good communication and follow-up skills.
- Proficiency in MS Excel.
- Experience with ERP / SAP / Tally will be an advantage.
- Ability to coordinate effectively with internal departments and suppliers.