01 Oct
|
Vishay Precision Group, Inc. (VPG)
|
Chennai
01 Oct
Vishay Precision Group, Inc. (VPG)
Chennai
As a global leader in precision measurement sensing technologies, VPG addresses an expanding array of applications in which accuracy, reliability, and repeatability make the difference. Whether in the design and safety of new generations of cars, trucks, and planes or optimizing advanced medical equipment and consumer products, VPG’s deep engineering expertise makes the world safer, smarter, and more productive.
We are seeking a highly motivated Buyer at Oragadam, Chennai to join our Purchase team on a full-time basis.
Major Responsibilities & Accountabilities:
Procurement Operations
- Create, issue, manage, and monitor Purchase Orders (POs) in accordance with approved Purchase Requisitions (PRs), procurement policies, and delegated authority limits.
- Ensure timely placement of orders and obtain supplier acknowledgment and confirmation of all purchase orders.
- Monitor and maintain open order reports, ensuring timely follow-up and closure of completed orders.
- Track supplier commitments and update delivery dates, pricing, lead times, and order status within the ERP system.
- Maintain accurate purchasing master data and procurement records within the ERP system.
- Expedite orders when required and proactively manage pull-ins, push-outs, shortages, and schedule changes.
- Coordinate purchasing activities with Planning, Operations, Engineering, Quality, Finance, and other internal stakeholders.
Supplier Management
- Serve as the primary day-to-day contact for suppliers.
- Manage supplier communications regarding order confirmations, deliveries, shortages, quality issues, lead times, pricing discrepancies, and service performance.
- Follow up on supplier commitments to ensure on-time delivery and timely resolution of supply issues.
- Escalate critical delivery, quality, capacity, or service concerns as needed.
- Support supplier performance reviews and continuous improvement initiatives.
- Participate in supplier meetings related to operational performance and issue resolution.
Material Availability & Production Support
- Ensure uninterrupted supply of materials and services required to support production schedules and business operations.
- Monitor MRP outputs and purchase requirements to support demand plans and production needs.
- Identify potential material shortages, supply risks, and inventory gaps and implement corrective actions.
- Work closely with production planners and operational teams to mitigate supply disruptions.
- Support new product introductions, engineering changes, and product lifecycle activities from a procurement perspective.
Inventory
- Monitor inventory levels and purchasing requirements to maintain appropriate stock levels (together with Planning)
- Support inventory optimization initiatives while maintaining required service levels and production continuity.
- Assist in reducing excess and obsolete inventory through proactive purchasing and supplier coordination.
- Ensure compliance with inventory policies and targets.
Cost Management
- Support local cost reduction and cost avoidance initiatives.
- Identify opportunities for process improvements, supplier efficiencies, and operational savings.
- Support sourcing and negotiation activities as delegated by Procurement Management.
- Ensure purchases are made in accordance with approved contracts and negotiated supplier agreements.
Quality and Compliance
- Ensure suppliers meet required quality, delivery, and compliance standards.
- Support resolution of supplier quality issues by coordinating with Quality and supplier representatives.
- Follow procurement policies, procedures, contracts, and approved supplier requirements.
- Ensure procurement documentation is complete, accurate, and audit-ready.
- Promote ethical sourcing practices and compliance with company policies and applicable regulations.
Continuous Improvement
- Participate in procurement process improvement initiatives.
- Support implementation of procurement best practices, digital tools, and ERP enhancements.
- Contribute to improvements in supplier performance, procurement efficiency, and operational excellence.
- Maintain strong cross-functional relationships to support business objectives.
- Requirements
Education & Experience
- Bachelor’s degree in Engineering, Supply Chain, Procurement, or Business Management (or equivalent).
- 6 to 7 years of experience in procurement / buying within a manufacturing or engineering-driven environment.
Perks
Best in industry
📌 Buyer (Chennai)
🏢 Vishay Precision Group, Inc. (VPG)
📍 Chennai