Purchasing Executive

3 years

0 Lacs

Posted:3 days ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Advert

Internal Job Title: Purchase Executive

Business: Lucy Electric India Pvt Ltd.

Location: Nashik, Maharashtra

Job Reference No: 4159


Job Purpose

1. New Supplier development

2. Initiating the cost reduction with negotiation and other purchase tools.

3. Floating RFQ and follow up for offer.

4. Regular Products and items cost control.

5. PO placement and ensuring delivery.


Job Context

1. Component manufacturing feasibility study for Product Development.

2. Supplier identification and Supplier Assessment.

3. Floating RFQ and follow up for offer.

4. Preparation of Costing Sheet of New Product Development.

5. Negotiation and optimum Price Workout.

6. Purchase order placement.

7. Follow up for Sample lot.

8. PPAP documentation management.

9. Purchase order placement for pilot Lot.

10. Cost Reduction for the existing product.

11. RFQ and quote finalization.

12. Samples and pilot lot procurement for new products.

13. Raw Material and job work parts control for new products at supplier end.

14. Handing over the products to SCM for bulk production.

15 Find out the Supplier Capacity of Delivery and Quality.

16. Quality issues resolution and drawings change implementation

17. Purchase of indirect material ( PR to PO)

18. Cost Reduction Projects and Management Reporting on KPIs

19. Annual budgeting exercise by providing cost details and inputs on trends of material cost .

20. Overall control on ERP records including vendor prices, standard costs


Job Dimensions

Based at LEI, this role will report to Purchasing Manager and will support in direct and indirect purchasing.


Key Accountabilities

1) No. of parts/products outsourced/re-sourced within given time frame’s will include:

In line with smart objectives

2) Cost Control – To ensure the standard cost is maintained within re-sourced/ Out-sourced products. To monitor current market prices,

3) Improvement in the budget MPV.- In line with smart objectives

4) Bench marking of prices across global base.- As per Strategic plan

5) Global sourcing and benefits achieved in cost, logistics etc.- In line with smart objectives


Qualifications, Experience & Skills

1. BE in Electrical Engineering

3+ years’ Experience in similar Industries

Job-Specific Skills:

  • Expertise in dealing with the suppliers.
  • Possess Good and Sound knowledge of ERP system (SAP/Microsoft AX) and MS office system
  • Excellent communication skills and tactical planning skills
  • Good time management skill.
  • Good in presentation skill with accuracy.
  • Spoken languages: English, Hindi, Marathi


Behavioural Competencies

  • Focus on Customer requirements.
  • Good relational, communicating skills and teamwork spirit.
  • Able to Analyze, organize information and present clear summary
  • Decision making & Problem solving


About Us:

Lucy Group Ltd is the parent company of all Lucy Group companies. Since its origins in Oxford, UK, over 200 years ago, the Group has grown and diversified. Today we employ in excess of 1,400 people worldwide, with operations in the UK, Saudi Arabia, UAE, India, South Africa, Brazil, Thailand, Malaysia, India and East Africa.

Lucy Electric is a global business that provides medium voltage switching and protection solutions for electrical distribution systems. Our dedication to cultivating our service provision allows Lucy Electric to offer a complete solutions package to our customers; facilitating the delivery of electricity to homes and businesses worldwide.


Does this sound interesting? We would love to hear from you. Our application process in quick and easy. Apply today!

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