Purchase Engineer (Raw Material Purchase)

1. Demand forecasts for services and products

2. Investigate the best products and suppliers based on price, delivery schedule, and quality. Monitor and arrange for all purchases of all necessary materials in accordance with company requirements, ensuring that they are delivered on time, at the right price & of the right quality.

3. Develop sourcing and purchasing strategies and SOPs, as well as implement them.

4. Establish the basis for vendor selection (vendor rating system) in order for all dealings to be transparent. Conduct Request for Information (RFI) and Request for Quotations (RFQs), evaluate bids, and make recommendations based on commercial and technical requirements.

5. Achieve a satisfactory outcome through negotiating and agreeing contracts, monitoring the quality of service provided, and ensuring that the most advantageous business terms are reached (quality, cost, time, etc.) and keeping them under continuous review. Keep track of preferred and approved suppliers and subcontractors to make sure the company has up-to-date and accurate information about their performance.

6. Create metrics to measure inventory level needs and maintain them throughout the year. Manage obsolete and slow moving stock in a profitable way to offset losses.

7. Monitor the costs of materials purchased and continue to attempt to lower these consistently in order to ensure that these comply with the company's cost criteria. Analyse data and produce reports and statistics on spending and savings.

The purchased articles should be categorized to consolidate procurement and execute cost optimization

8. Establish and maintain good relationships with new and existing suppliers. Ensure suppliers are aware of Business objectives.

9. Develop alternate suppliers for all Critical items.

10. Self-manage, control, and improve staff's motivation and competency to ensure they meet the standards for their responsibilities.

11. Keeping abreast of developments, trends, and innovations in the business area of purchasing, materials, or regulations, and finding new, better, and commercially viable alternatives from domestic and international markets.

12. Keep on reducing the incidental costs of all purchases and comply with all government regulations and fulfil audit scope with freight forwarder, CHA and bank

Obtained Bank Guarantees / LC, prepare customs related documents from vendor as per requirements. Fulfil requirements of IPDMS compliance.

Liaison with CHA for Booking, negotiate price and customs clearance.

Liaison with freight forwarder regarding BL generation, paying tax Invoices and negotiating foreign freight fees.

13. Keep on reducing the incidental costs of all purchases, such as inward freight, taxes, GST, load and unload charges, transit insurance, etc. Look for optimum costs of service providers (CHA, Transporters, etc.).

14. Ensure that the terms of payment listed in our various purchase orders are appropriate and ensure timely payments are made for all orders, as well as to improve the company's image/perception in the market.

Job Type: Full-time

Pay: ₹40,000.00 - ₹45,000.00 per month

Benefits:

• Cell phone reimbursement

Work Location: In person