To manage procurement activities for materials, components, consumables, services and other requirements of the organization, ensuring the right quality, quantity and price while maintaining timely delivery and supplier relationships.
Key Responsibilities
A. Purchase & Procurement
Receive and review purchase requisitions from various
Identify suitable suppliers and obtain
Prepare comparative statements and negotiate prices, payment terms and delivery
Prepare and process purchase orders as per company
Ensure timely procurement of materials as per production
Follow up with suppliers for pending orders and
Coordinate with Stores, Production, Quality and Accounts
B. Vendor Management
Identify and develop current
Evaluate suppliers based on quality, price, delivery and
Maintain approved vendor lists and supplier
Monitor supplier performance and resolve supply-related
Develop alternative sources for critical
C. Material Planning
Coordinate with Production, Stores and Planning departments regarding material
Monitor stock levels and avoid shortages or excess
Ensure timely procurement of critical and rapid-moving
Follow up on material shortages and urgent
D. Cost Control
Negotiate competitive prices with
Analyze market prices and identify cost-saving
Obtain quotations from multiple suppliers wherever
Support management in cost reduction and value-engineering
Monitor price variations and maintain purchase price
E. Documentation & ERP
Maintain purchase orders, quotations, comparative statements and supplier
Update purchase transactions in ERP/software.
Maintain proper records of purchase orders and material
Prepare purchase-related MIS and
Ensure accuracy of purchase
F. Quality & Compliance
Coordinate with the Quality Department regarding material quality
Ensure procurement is made from approved
Follow company purchase procedures and authorization
Ensure compliance with applicable c