Purchase Lead/ Direct buyer

Job Description:

Role of Purchaser

(A) Routine Purchase (negotiation & quality allocation) based on business planning / purchase requisitions, including release of purchase orders / purchase contracts, and managing short- or long-term contract conditions, which includes but not limited to Annual Rate contracts, Service Contracts and Maintenance, Repair and Operating Spares.

(B) Making comparative analysis of vendors (lowest acquisition cost basis) and discussing with Supply Chain head and seek management approval before any commitment to vendors

(C) Operational follow-up with vendors & transporters to eliminate production / project execution shortages.

(D) Vendor performance management for supply of material as per agreed specification and delivery dates

(E) Operational follow-up for inventory integrity at plant (timely GRN & daily consumption)

(F) Gatekeeping for following FIFO at plant to avoid creation of slow-moving stock & dead inventory

(G) Operational follow-up with Finance for timely payment to Suppliers and establishing LC timely

(H) Developing new vendors for new product development

(I) Development of new vendors for supply risk mitigation and better cost management

(J) Vendor performance evaluation, monitoring of performance improvement plans and auditing, if necessary, to check controls

(K) Maintaining Documentation as per various purchase processes and audit protocols

(L) Gather competitive intelligence in market and share with Supply Chain Head

(M) Collaborate with stakeholders for urgent purchase and its regularization in ERP system

(N) Disposal of non-moving and dead stock at best possible rates with full regulatory compliance