Purchase Engineer

The Purchase Engineer is responsible for managing the procurement process, including sourcing equipment, goods, and services while ensuring timely and cost-effective purchasing. You are required to have expertise in supplier management, market analysis, and negotiation, contributing to the company's strategic objectives. The ideal candidate will be a skilled negotiator with experience in inventory management, vendor relations, and procurement strategy, particularly in the manufacturing sector. Your key responsibilities will include developing and maintaining strong relationships with suppliers to secure optimal terms and regularly assessing vendor performance to ensure the quality of supplied products. You will need to develop and execute a comprehensive procurement strategy aligned with company goals, collaborating with internal teams and stakeholders to clarify requirements and expectations. Identifying potential suppliers based on project needs and negotiating pricing, quantity, and delivery terms to achieve the best value will be crucial. You will also be responsible for preparing and issuing purchase orders in a timely manner and monitoring deliveries to ensure products are received on schedule. Leveraging negotiation skills to secure favorable terms with suppliers and staying informed about market trends, pricing fluctuations, and supply challenges will be essential. Ensuring procured goods meet required quality standards and collaborating with the Quality Control department for inspections and assessments are part of the role. You will also need to track stock levels, initiate replenishment as needed, and work with inventory and sales teams to maintain accurate stock records. Requirements for this role include a B.Tech Degree, 4 years of experience in procurement, purchasing, or supply chain roles, and experience in the manufacturing field. Experience with purchase order systems and inventory control software, strong vendor management, negotiation, and procurement strategy skills, excellent communication and relationship-building abilities, and the ability to work both independently and as part of a team are also necessary. The salary range for this position is 30,000 to 35,000 per month, based on experience and qualifications.,