Purchase Engineer

We are seeking a highly skilled and motivated Purchase Engineer to join our dynamic procurement team. The ideal candidate will be responsible for sourcing, negotiating, and purchasing materials and services essential for our organization. The Purchase Engineer will collaborate with various departments to ensure timely and cost-effective procurement while maintaining high standards of quality and reliability.

Essential Duties and Responsibilities:

1.

• Identify potential suppliers, conduct negotiations, and establish agreements for the procurement of materials and services.
• Evaluate and Choose vendors based on factors such as price, quality, delivery time, and reliability.

2.

• Analyze costs and pricing structures to ensure the best value for the organization.
• Negotiate favorable terms and conditions to achieve cost savings without compromising quality.

3.

• Generate purchase orders and ensure accurate and timely processing of orders.
• Work closely with internal stakeholders to determine procurement needs and specifications.

4.

• Collaborate with quality control and production teams to ensure that purchased materials meet specified quality standards.
• Address any quality issues with suppliers and implement corrective actions.

5.

• Draft and manage contracts, ensuring compliance with legal and organizational standards.
• Monitor supplier performance and take necessary actions to address any deviations.

6.

• Stay informed about industry trends, market conditions, and new product developments.
• Identify opportunities for cost savings and process improvements.

7.

• Foster strong relationships with key suppliers to ensure a reliable and efficient supply chain.
• Resolve any issues or disputes with suppliers in a timely and effective manner.

8.

• Maintain accurate records of purchases, pricing, and supplier performance.
• Prepare regular reports on procurement activities, costs, and savings.
• Responsible for creating, maintaining and cleansing of SAP master Data for purchase
• Monitor supplier performance and take necessary actions to address any deviations.

Skill / Competencies Required:

• Detail-oriented with a focus on accuracy.
• Ability to work collaboratively in a team and independently.
• Strategic thinking and a proactive approach to problem-solving.
• Vendor issues management
• Document Management
• Interpersonal Skills
• Negotiation
• Supplier Relationship
• Product Technical Knowledge
• Verbal Communication
• Written Communication
• Contract Management
• Supplier performance evaluation
• Time management and organizational skills.
• Quality plan awareness
• Decision Making
• Analytical skills
• New Vendor Development
• Real time stock monitoring
• Risk Management
• Cost Management
• Understanding of e-procurement
• Understanding of import laws
• Logistics Management
• Change / obsolete management
• Hands on SAP expertise
• Advance MS Excel proficiency
• Proven experience in procurement and vendor management, preferably in an engineering or manufacturing environment.
• Strong negotiation skills and the ability to build effective relationships with suppliers.
• Solid understanding of technical specifications and engineering drawings.
• Excellent analytical and problem-solving abilities.
• Familiarity with relevant laws and regulations governing procurement.

Proficient in using procurement software and Microsoft Office Suite