Transition from manual to electronic PO's & Indents
Entering into new Rate Contract's
Achieving the optimum margin for chargeable items
Achieving the minimum cost for non-chargeable items
Introduction and compliance of formulary
Exploring new markets and products with compatible standards
Monitoring & reviewing ROL/Min/Max levels with other departments
Reviewing Inventory Turnover Ratio with Stores Manager
Constant training and review from the purchase team
Creation and maintenance of Vendors Master
Due diligence of new vendors and periodic review of existing vendors
Submission of Purchase report
Submission of Margin Analysis Report
Submission of Purchase Rate Analysis Report
Ensuring the Capex budget is maintained
Ensuring the predefined TAT for indents is adhered
Monitoring the compliance of RGP & NRGP
Ensuring Compliance & Maintenance of ABC technique
Ensuring availability of Optimum credit period from suppliers
Solving of internal Audit Queries
Solving of Statutory Audit Queries
Any other work/responsibility assigned by the HOD / Management in the course of business / work whether within the same unit/dept or any other unit / dept from time to time
