Manages day-to-day functioning of purchasing group.
Reviews purchase orders to ensure adherence to quality and procedures.
Ensures that re-ordering of stock is carried out on a daily basis as required to maintain adequate stock levels of parts for production.
Participates in the creation of forecasts, and relates those to production programs and stock required for the daily production round.
Link with Technical department when creating new products or in matters relating to product specification.
Participate in the development of specifications for equipment, products, or substitute materials.
Overseeing the technical and QA requirements on all items (materials, components, and parts) to ensure that purchased items meet design requirements.
Managing the shipping, handling and storage requirements on components to ensure high quality items are received and issued to the appropriate departments.
Standardizing and managing the evaluation of replacement items for obsolete parts and component acceptability.
Provide assistance, Support &Coordinate with the various Departments for Procurement of Common Raw Materials & Packaging Materials.
Coordinate with various departments for smooth functioning of departmental activity, particularly with accounting department.
Negotiating long term contracts with major suppliers to ensure the timely flow of material
Prepares, monitors and controls department business plans / budgets
Identifies early suppliers for company components, concepts, and production programs.
Manages vendor documentation program, ensuring that a tracking system is in place and maintained.
Searches on a worldwide basis for potential suppliers for the company and keeping up with market trends.
Proactive and acts on initiative to maintain a supplier base and when necessary source alternative suppliers to ensure that the required material products remain in constant stock as required.
Proactively ensures all suppliers adhere to agreed service levels and to have contingencies plans of supply for all core product ranges.
Develops and implements appropriate long and short term strategic and tactical initiatives in order to achieve specific buying, sourcing targets.
Negotiates and executes contracts with the vendors as per requirement of quality, cost and delivery.
Maintains data of all the prices approved as a record and keeps track of changes in prices frequently and updates.
Reviews purchase orders to ensure adherence to quality and procedures.
Oversees the purchase orders to Vendors and order acknowledgements from the Vendors.
Follows up with Vendor for delivery and to get the material at the right time and required quantity at required locations.
Maintains effective record keeping on all purchase orders and supplier confirmations.
Coordinates with accounts for payment of suppliers and resolve issues if any.
Reviews and processes claims against suppliers.
Evaluates cost and quality of goods or services.
Monitors International Trends in Raw Material for effective negotiations.
Continuously tries to reduce outgoing funds while not compromising on product quality.
Cost Cutting through negotiation with suppliers (domestic/foreign).
Negotiation and pricing of current and new products.
When necessary, Just-In-Time purchases to minimize inventory cost.
Updating and revising existing purchasing procedures to introduce cost cutting measures.
Accurately monitoring and forecasting stock levels.
Researching and identifying new products and suppliers.
Always seeking reliable vendors or suppliers to provide quality goods at reasonable prices.
Deal effectively with executive, technical and operational and sub-contract personnel.
Avoid risk wherever possible by following established procedures and reply on proven vendors
Performs other duties pertinent to this job as assigned