Purchase Executive

Role : Purchase Executive

Job Location: Chakan Pune.

Gender: Male/ Female

Total Experience: 3yrs – 5 yrs

Relevant Experience: 3yrs – 4 yrs

Qualification: MBA and Diploma/B.E. in Electrical Engineering.

Job Summary:

The Electrical Project Purchase Executive is responsible for sourcing, negotiating, and procuring electrical equipment and materials for various projects. This role involves maintaining supplier relationships, ensuring timely delivery of materials, and managing inventory levels to support project timelines and objectives.

Key Responsibilities :

1. Sourcing and Procurement:
2. o Identify and evaluate suppliers for electrical components and materials.
3. o Negotiate contracts, pricing, and terms with suppliers to ensure the best value for the company.
4. o Issue purchase orders and follow up on delivery schedules to ensure timely receipt of materials.
5. Supplier Management:

o Develop and maintain strong relationships with existing and potential suppliers.

o Conduct supplier performance evaluations and manage supplier databases.

o Resolve any supplier-related issues, including discrepancies in orders or delivery delays.

3. Inventory Management:

o Monitor inventory levels and ensure optimal stock levels to meet project requirements.

o Coordinate with the warehouse and project teams to manage material storage and distribution.

o Implement inventory control procedures to minimize waste and obsolescence.

4. Project Coordination:

o Collaborate with project managers and engineers to understand material requirements and project timelines.

o Provide regular updates on procurement status and potential risks to project schedules.

o Ensure that all procured materials comply with project specifications and quality standards.

5. Documentation and Reporting:

o Maintain accurate records of purchases, contracts, and supplier communications.

o Prepare and present regular reports on procurement activities, cost savings, and supplier performance.

o Ensure compliance with company policies and industry regulations.

6. Continuous Improvement:

o Identify opportunities for cost reduction and process improvement in the procurement function.

o Stay updated on industry trends, market conditions, and new products or technologies.

o Participate in training and development programs to enhance procurement skills and knowledge.

Qualifications:

• Bachelor's degree in Electrical Engineering, Supply Chain Management, Business Administration, or a related field.

• Proven experience in procurement or purchasing, preferably in the electrical or engineering sector.

• Strong negotiation, communication, and interpersonal skills.

• Proficiency in procurement software and Microsoft Office Suite.

• Knowledge of electrical components and materials is highly desirable.

• Ability to work independently and as part of a team in a fast-paced environment.

• Strong analytical and problem-solving skills.

• Attention to detail and a high level of accuracy.

Work Environment:

• Office-based with occasional visits to supplier sites and project locations.

• Some travel may be required to attend supplier meetings or industry events.