Senior Buyer

Role & responsibilities

Strategic Sourcing & Vendor Management:

* Managing RFQs and overall vendor relationships.

* Driving PPV (Purchase Price Variance) improvements.

* Overseeing spot buy management.

* Collaborating with suppliers, customers, Global Supply Managers (GSM), and buyers on material cost optimization.

* Facilitating vendor and part development.

Material Planning & Execution:

* Releasing weekly Purchase Orders (POs) to suppliers via Oracle 11i based on MRP signals.

* Executing MRP actions including new buys, push-outs, and cancellations.

* Reviewing MRP to take appropriate actions and manage daily supplier relationships.

* Communicating effectively with both local and overseas suppliers.

* Negotiating price, lead time, and Minimum Order Quantity (MOQ).

* Coordinating with the logistics team and freight forwarders to ensure on-time material delivery.

* Ensuring material availability to meet demanding schedule requirements by expediting as needed.

* Addressing and resolving due POs.

* Maintaining optimal inventory levels.

* Reviewing excess and obsolete parts with the planning team/team lead.

Quality & Compliance:

* Clearing MRB/RTV (Material Review Board/Return to Vendor) and RDRs (Rejected Material Disposition Requests).

* Eliminating AP (Accounts Payable) holds.

Preferred candidate profile

1. Diploma in EEE/ECE/E & I/Mech with more than 10-12 years experience (or)
2. BE in EEE/ECE/E&I/Mech with more than 8-10 years experience