Purchase Executive (BOP)

2 - 4 years

2 - 3 Lacs

Posted:15 hours ago| Platform: Naukri logo

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Skills Required

Vendor Management & Development Negotiation Skills ERP & Procurement Systems Proficiency Inventory & Material Planning Technical Knowledge of BOP Components

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Title - Purchase Executive BOP

Qualification

Work Experience

Key Skills

  1. Strong knowledge of procurement and sourcing strategies.
  2. Familiarity with BOP (Bought-Out Parts) components in automotive or engineering industry.
  3. Proficiency in ERP systems (SAP, Oracle, etc.)
  4. Vendor management and development.
  5. Cost negotiation and benchmarking.
  6. Inventory control and demand planning.
  7. Strong analytical and problem-solving skills.
  8. Good communication and coordination skills.
  9. Understanding of quality systems and documentation.

Roles & Responsibilities

  1. Handle end-to-end procurement of Bought-Out Parts (BOP) as per production schedules and project requirements.
  2. Issue purchase orders and ensure timely delivery of materials in coordination with suppliers.
  3. Identify and evaluate potential suppliers for quality, cost, and reliability.
  4. Negotiate prices, payment terms, and delivery schedules with vendors.
  5. Monitor and manage supplier performance on-time delivery, quality compliance, and responsiveness.
  6. Develop alternate sources for critical components to reduce dependency on single vendors.
  7. Coordinate with internal departments like Production, Planning, Design, and Quality to align procurement with project needs.
  8. Maintain optimum inventory levels to avoid production delays or excess stock.
  9. Track and resolve any supply chain disruptions or delays with minimal impact to operations.
  10. Maintain procurement documentation such as POs, quotations, contracts, and vendor records.
  11. Participate in cost reduction and value engineering initiatives.
  12. Ensure all materials comply with quality standards and certifications.
  13. Assist in internal and external audits related to procurement.
  14. Stay updated on market trends, new materials, and supplier innovations.

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