Purchase Executive - Material Management (5-7 yrs)
Job Description :
An important position in the organization is to take care of procurement of electronic components. mechanical and PCB fabrications, connectors and wiring harnesses, and any other item that is relevant to Production, R&D, and day-to-day operations of the organization
Job Role & Responsibilities :
- Collating various Material Requisitions received
- Sending out RFQs to vendors, eliciting response and preparation of comparative statement of cost
- Consistently identifying and assessing vendor performance and bringing in newer vendors to create competition between the vendors to gain the best price that would reduce BoM cost
- Placement of orders with vendors for timely/just in time procurement in order to not burden Cash flow
- Ensuring the timely acceptance or rejection of the material supplied
- Ensuring the correctness of the documents that accompany the items delivered by the vendor
- Ensuring release of timely payments to vendors as per accepted credit terms
- Maintaining a database of all components procured with a breakdown of basic cost, taxes and duties, freight, etc., on a project to project basis
- Interact with Stores periodically to cross verify incoming and issued material to ensure the correctness of the records maintained by stores
- Use and improve the Tally based ERP system consistently
Job Qualification :
a. Candidates with a degree in Materials Management preferred
b. Preference to candidates who have already worked in Electronics / Defence Avionics
c. Experience spanning 4 - 6 years
d. In depth knowledge of computer based accounting methodologies and systems
e. Presentable with good and convincing communications skills for effective interaction with the vendors and other authorities.
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