PURCHASE

Requirement for PURCHASE EXECUTIVE

Company: Rama Mining Tools Pvt. Ltd, Kalher, Thane (15min from Majiwada)

**Male Candidates Only**

Key Responsibilities:

• Strategic Sourcing:

• Develop and implement sourcing strategies to ensure the timely and cost-effective procurement of materials, tools, and equipment required for mining operations.
• Identify and evaluate potential suppliers and vendors, maintaining strong relationships and negotiating contracts to secure favorable terms and pricing.

• Procurement Management:

• Supervise the procurement team in issuing purchase orders, contracts, and agreements in compliance with company policies and procedures.
• Monitor procurement activities to ensure adherence to budgetary constraints and project timelines, resolving any issues or delays as necessary.

• Supplier Relationship Management:

• Foster and maintain strategic partnerships with key suppliers and vendors, conducting regular performance reviews and addressing any concerns or issues that may arise.
• Collaborate with suppliers to drive continuous improvement initiatives, such as cost reductions, quality enhancements, and process efficiencies.

• Inventory Control and Management:

• Oversee inventory levels and stock replenishment processes, working closely with warehouse and inventory teams to optimize stock levels and minimize carrying costs.
• Implement inventory control measures to prevent stockouts and excess inventory, ensuring the availability of materials and equipment as needed.

• Contract Negotiation and Management:

• Lead negotiations with suppliers to establish favorable terms and conditions, including pricing, delivery schedules, and payment terms.
• Review and manage supplier contracts and agreements, ensuring compliance with legal and regulatory requirements and mitigating any contractual risks.

• Cost Analysis and Optimization:

• Conduct cost analysis and market research to identify cost-saving opportunities and optimize procurement strategies.
• Develop and implement cost reduction initiatives while maintaining quality standards and meeting operational requirements.

• Documentation and Reporting:

• Maintain accurate records of procurement activities, including purchase orders, contracts, and supplier communications.
• Generate reports on procurement performance, spending analysis, and cost savings achievements, providing insights and recommendations to management.

• Compliance and Risk Management:

• Ensure compliance with company policies, procedures, and regulatory requirements in all procurement activities.
• Identify and mitigate potential risks related to procurement, such as supply chain disruptions, supplier dependencies, and regulatory compliance issues.

Qualifications and Skills:

• Bachelor's degree in Business Administration/ BE in Mechanical

• Proven experience in procurement, preferably in the mining tools or heavy equipment industry or any other industrial products.

• Candidates with mechanical background preferred.

Salary Package: 4 to 6 lpa with all perks.

Working:6 Days week & Work from Office.

Rgds

RMT/HR

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