Purchase Engineer

Key Responsibilities

1. Sourcing and Vendor Management:

• Identify, evaluate, and select new suppliers/vendors for raw materials, components, MRO (Maintenance, Repair, and Operations) items, and services.
• Conduct market research to stay informed about price trends, new products, and changes in the supply chain related to the automotive component industry.
• Maintain and nurture strong, long-term relationships with existing and new suppliers.
• Evaluate supplier performance based on quality, delivery timelines, and cost, and work with vendors on continuous improvement initiatives.

2. Procurement Operations:

• Process Purchase Requisitions (PRs) and generate accurate Purchase Orders (POs) in a timely manner, ensuring compliance with company policies and established budgets.
• Negotiate pricing, payment terms, and delivery schedules to achieve the best value while maintaining quality and service.
• Coordinate with the Production and Quality teams to forecast demand for materials and ensure sufficient stock levels to prevent production shortages (Just-In-Time planning).
• Follow up on open orders, expedite deliveries when necessary, and resolve any discrepancies related to quantity or quality of received goods.

3. Cost Control and Documentation:

• Monitor and track procurement spending against budget, actively seeking out cost-saving opportunities without compromising quality.
• Prepare and maintain meticulous records of all procurement activities, including purchase orders, contracts, supplier correspondence, and delivery documentation.
• Ensure all procurement activities comply with internal policies, legal requirements, and industry-specific regulations (e.g., IATF 16949 standards).

4. Inter-departmental Collaboration:

• Work closely with the Inventory Control team to manage optimal inventory levels.
• Liaise with the Finance department for timely invoice processing and payment reconciliation.
• Collaborate with the Quality team on vendor audits and material quality specifications.

Requirements and Skills

• Education: DME or BE (Mechanical)
• Experience: Proven 2-4 years of experience as a Purchase Executive, Procurement Executive, or similar role, preferably within the Automotive/Sheet Metal Manufacturing industry.
• Technical Skills:
• Strong knowledge of procurement processes, supply chain management principles, and inventory control.
• Proficiency in using ERP systems (e.g. Tally) and MS Office Suite (especially Excel).
• Familiarity with quality standards like IATF 16949 will be an added advantage.

Pay: ₹25,000.00 - ₹40,000.00 per month

Benefits:

• Provident Fund

Work Location: In person