Identify and develop new vendors for domestic purchase of BOM items, general Items, consumables and fuels
Ensure there is pool of vendors and suppliers to cater short and long term requirement for BOM items, general Items, consumables and fuels, as per the business plan and objectives
Negotiate with Vendor for price, quality and delivery schedule etc
Make purchase planning for Plants based on the monthly requirement shared by them
Maintain Minimum inventory level and regularly review inventories and order as required.
Make monthly schedules for regular purchases and send monthly schedules to suppliers on the basis of inventory and request received.
Develop purchasing strategy and make monthly purchasing plan
Co-ordination between suppliers and relevant internal departments
Forecast levels of demand for services and products
Initiate agreements with suppliers and assure there is no unexpected price hikes
Build and maintain good relationships with new and existing suppliers
Process suppliers invoices in time and assure timely payments
Conduct research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality
Forecast price trends and their impact on future activities.
Evaluate supplier’s price quotation and make comparison sheet, based on commercial and technical factors.
Enter into long term purchase contract where ever possible to safe guard company from price fluctuation and price hikes
Develop Lead time schedule for all regular items and tentative time limits for special projects
Ensure material is received within the lead time
Develop back up plan for purchasing all critical items in emergency situation
Ensure there is no production loss due to unavailability of any material
Prepare and submit monthly MIS in a format as agreed and finalized with the management
Monitoring the quality of product and services supplied and ensure quality of material is as per decided/approved specification
Along with Quality team need to do periodic Audit of Suppliers process and procedure, ensure all the audit non compliances are rectified and Raw Material is supplied as defined standards
Prepare performance chart for every Supplier based on quality and timely delivery and share it with Management
Build harmonious and conducive working environment with zero tolerance for any unethical, indiscipline or unrest in Team
Motivate, monitor and manage team in a high Growth environment
Ensure everybody has defined KRAs and KPIs to provide better role clarity and performance measures
Close monitoring of team performance and pro-actively design to enhance their productivity through Training & development
Instilling company values & behaviors as demonstrated habits in the organization
