Direct Material Purchase

Key Accountabilities

• Responsible and accountable to maintain supply chain of the plant and its operation activities. Must have experience in buying forging, casting & precise machined parts.
• Responsible for Vendor Development, Ensure quality standard, Price Negotiation, Vendor Up gradation, Costing of Materials, etc. Interaction with Plant & Operation for Material Supply.
• To ensure that a business has a constant supply of materials or equipment. They work primarily in an administrative capacity, doing tasks such as scheduling material purchases and deliveries and verifying current inventory.
• Floating enquiries, follow-up with Vendors & receipt of offers, preparation of Price Comparative Statement and MOMs. Preparing the estimate, Preparation of Orders for procurement of Goods & Services.
• Preparation of estimates, invitation of bids, commercial evaluation, conducting pre-award meetings, Sub-contracting, Assisting for Post Award Activities including Contract Amendments (if any), Award of Contract within the allocated budget., Knowledge of Conditions of Contract. Post Award Activities Preparation of Change Order Proposal including Qty./ Rate variation, Extra items, Time Extensions, Contract Closure.
• Preparation of internal documents for approval like NFAs, Change Order Proposal, etc, Tracking Purchase spend, cost savings, OTD, PR/PO analysis, Vendor Payments Preparation of Orders for procurement of Goods & Services. Representing Cross Functional Team and co-ordination, Preparation of internal documents for approval. Approval of billing break-up. Statutory compliances (Taxation, EOU, DTA, etc) Dealing with Bank guarantees, Indemnity Bonds, and advance payments. Database of Vendors for all types of Capital Goods & Services. Departmental MIS. Co-ordination with Project Managers for operational issues.
• Maintain Inventory report and set strategy for availability of the material on time as per SOPs set by organization. Determine Quality, quantity and timely delivery of materials. Awareness of Government & regulatory updated policies and guidelines.