Purchase OfficerExecutive
Location
Vadodara | India
Job description
Responsibilities:
Procurement Strategy: Develop and implement procurement strategies tailored to the fabrication industry ensuring timely and costeffective sourcing of materials while maintaining quality standards.
Supplier Management: Identify assess and onboard suppliers/vendors within the fabrication sector focusing on quality reliability and costeffectiveness. Foster and maintain strong relationships to ensure a stable supply chain.
Negotiation: Conduct negotiations with suppliers/vendors to secure favorable terms pricing and contractual agreements aligned with budgetary constraints and quality expectations.
Purchase Orders: Generate review and process purchase orders accurately and efficiently ensuring compliance with procurement policies and fabrication specifications.
Inventory Management: Collaborate with inventory management teams to optimize stock levels minimize stock outs and reduce holding costs while meeting fabrication production schedules.
Quality Assurance: Coordinate with quality assurance teams to ensure that procured materials meet rigorous quality standards and fabrication specifications.
Market Research: Stay informed about market trends supplier capabilities and emerging technologies within the fabrication industry to identify costsaving opportunities and alternative suppliers.
Documentation and Reporting: Maintain comprehensive procurement records including contracts purchase orders invoices and correspondence. Generate reports on procurement activities vendor performance and costsaving initiatives.
Requirements
Qualifications and Experience:
Experience Levels:
- Purchase Officer (25 Years): Candidates in this range should have a solid understanding of procurement processes within the fabrication industry with 25 years of relevant experience.
- Purchase Executive (57 Years): Candidates in this range should demonstrate advanced expertise in procurement strategies supplier management and negotiation within the fabrication sector with 57 years of proven experience in procurement roles.
Responsibilities: Procurement Strategy: Develop and implement procurement strategies tailored to the fabrication industry, ensuring timely and cost-effective sourcing of materials while maintaining quality standards. Supplier Management: Identify, assess, and onboard suppliers/vendors within the fabrication sector, focusing on quality, reliability, and cost-effectiveness. Foster and maintain strong relationships to ensure a stable supply chain. Negotiation: Conduct negotiations with suppliers/vendors to secure favorable terms, pricing, and contractual agreements aligned with budgetary constraints and quality expectations. Purchase Orders: Generate, review, and process purchase orders accurately and efficiently, ensuring compliance with procurement policies and fabrication specifications. Inventory Management: Collaborate with inventory management teams to optimize stock levels, minimize stockouts, and reduce holding costs while meeting fabrication production schedules. Quality Assurance: Coordinate with quality assurance teams to ensure that procured materials meet rigorous quality standards and fabrication specifications. Market Research: Stay informed about market trends, supplier capabilities, and emerging technologies within the fabrication industry to identify cost-saving opportunities and alternative suppliers. Documentation and Reporting: Maintain comprehensive procurement records, including contracts, purchase orders, invoices, and correspondence. Generate reports on procurement activities, vendor performance, and cost-saving initiatives. Requirements Qualifications and Experience: Any Graduate, Diploma or B.E. in Mechanical. Proven work experience in the Fabrication Industry is a must. For Purchase Executive (2-5 years): Proven experience of 2-5 years in procurement within the fabrication industry, demonstrating familiarity with fabrication-specific materials and processes. Strong negotiation and communication skills. For Purchase Officer (5-7 years): Demonstrable track record of 5-7 years in procurement roles within the fabrication industry, with expertise in supplier management and procurement strategies. Proficiency in procurement software and tools. Strong analytical and problem-solving skills. Experience Levels: Purchase Executive (2-5 Years): Candidates in this range should have a solid understanding of procurement processes within the fabrication industry, with 2-5 years of relevant experience. Purchase Officer (5-7 Years): Candidates in this range should demonstrate advanced expertise in procurement strategies, supplier management, and negotiation within the fabrication sector, with 5-7 years of proven experience in procurement roles.
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