Purchase Executive

1. Vendor development for all materials which includes selecting the right vendor, quality establishment, vendor validation, finalizing all the commercial terms & conditions & contracting for long term after working out the market dynamics & benefits.
2. Development of new vendors for critical items or for those items being procured from single source.
3. Review agreements / MOU s & suggest amendments aimed at long term benefits
4. Price re-negotiation, opportunity buying, alternate vendor development, material substitution, packaging/consumables material cost reduction
5. Prepare the cost comparison sheet and negotiate with vendor for better prices based on target prices, cost bench marking and submit offer to Head Purchase for final negotiation.
6. Negotiation for discounts on goods and commodity.
7. Ensuring the integrity of the Raw Material & Packing Material manual and updating changes if any
8. Meeting vendors and developing new and better vendors while retaining the vendors that have already been developed
9. Ensuring minimum variance of Packing Material/RM/ Engineering & Consumables at all the locations
10. Centralized negotiation of rates for purchase of materials, scrap rates etc
11. Compile with Purchase SOP.
12. AMC generation.

Stores
1. GRN, verifying goods with invoice, primary checking Inspection, Record keeping,
2. Applies FIFO/ FMFO Method.
3. Physical Stock checking.

Scrap
1. Generation of scrap, collection of scrap,
2. Sorting, storage, disposal scrap in dump
3. Disposal scrap by Sale.