Purchase Specialist

Department:

Location:

Experience:

Qualification:

Industry Preference:

About the Role:

Purchase Executive for the R&D segment

Key Roles & Responsibilities

1. Procurement & Sourcing:

• Identify, evaluate, and onboard suppliers for R&D-specific components, electronic parts, mechanical items, and prototype materials.
• Procure low-volume and highly specialized items required for new product development.
• Compare quotations, negotiate pricing, and ensure cost-effective procurement without compromising quality.

2. Vendor Management:

• Develop and maintain strong vendor relationships.
• Evaluate vendor performance based on quality, delivery timelines, technical capability, and service.
• Coordinate with vendors for urgent R&D requirements, samples, and trial components.

3. Coordination with R&D Team:

• Understand technical specifications from R&D engineers for prototypes, testing, and new product designs.
• Ensure timely availability of parts to avoid delays in development cycles.
• Share procurement lead times and constraints with R&D for project planning.

4. Purchase Order & Documentation:

• Create purchase orders, maintain PR/PO records, and ensure proper documentation.
• Track purchase order status, delivery schedules, and follow-ups for timely receipt.
• Ensure compliance with internal procurement policies.

5. Inventory & Material Management Support:

• Coordinate with the stores/warehouse team for material receipts and GRN.
• Ensure quality check coordination for received R&D materials.
• Maintain optimal stock levels for frequently used R&D components.

6. Cost Control & Market Research:

• Conduct periodic market research for new suppliers, emerging technologies, and competitive pricing.
• Suggest cost-saving alternatives without compromising technical specifications.

7. Compliance & Quality:

• Ensure all procured materials meet technical and quality standards.
• Maintain documentation for ISO/audit compliance related to R&D procurement.

Skills Required:

• Strong knowledge of procurement in the manufacturing or engineering domain.
• Ability to understand technical specifications (mechanical/electrical/electronics).
• Good negotiation and vendor-handling skills.
• Excellent communication, documentation, and follow-up abilities.
• ERP knowledge.
• Ability to work with fast-moving and changing R&D requirements.