Purchase Engineer

Job Description

Purchase Engineer Monitoring and Forecasting upcoming level of demand to mitigate the risks related to procurement & set up the procurement plan. · Working experience closely with Supplier Quality and Development team to improve supplier performance. · Performing Inventory Optimization and reconciliation of outstanding balances of Indian and overseas suppliers. · Handling Suppliers of Manufacturing, Machining, Mechanical and Electrical items · Negotiating with suppliers for cost reduction to achieve the planned savings. · Managing effective negotiation on price increase proposals from the supplier in line with the market competition. · Negotiating for the blanket terms with respect to Cost Savings, Logistics, and Inventory Management Agreements. · Finalizing the rate and quantity for purchase and got approval from time to time. · Ensured timely supply of Materials in line with production requirements. · Coordination with all the relevant stakeholders. · Handling development of new components with the suppliers and localization of components. · Weekly, Monthly Schedules, Procurement of Materials, Spares & Consumables. · Interaction with Finance& Accounts Dept. to release the payment to the vendors as per supply terms. · Monitoring and coordinated deliveries of items between suppliers to ensure that all items are delivered to store on time. · Introducing new vendors for healthy competition. · Experience in working in SPM/Mechanical Industry. Qualification :- BE in Mechanical, Diploma in Mechanical Experience :-2-5 years experience as Manager in SPM Industry Notice period :- Immediate joiners are preferred Salary :- 3 to 4 Lakhs per Annum Candidates with immediate joiner or 15 days notice can whatsup resume to 7899957849 or 8792660124 Benefits: Food provided Leave encashment Paid sick time Paid time off Provident Fund Insurance Bonus Schedule: Day shift Supplemental pay types: Overtime pay Performance bonus Yearly bonus Ability to commute/relocate: Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required) Job Type: Full-time Pay: ₹25,000.00 - ₹40,000.00 per month Benefits: Flexible schedule Food provided Leave encashment Paid sick time Provident Fund Schedule: Day shift Supplemental Pay: Performance bonus Yearly bonus Experience: total work: 1 year (Preferred) Work Location: In person Application Deadline: 26/06/2025 Expected Start Date: 26/06/2025