Key Responsibilities
1. Vendor Management & Development
• Maintain effective working relationships with existing vendors to ensure
continuity of supply.
• Develop 2–3 new 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 recent parts.
7. Inventory & Supply Chain Efficiency
• Support initiat
📌 Purchase Engineer (Pune)
🏢 POSIMIND
📍 Pune