Purchase Engineer

Key Responsibilities:

• Sourcing and Supplier Management: Identify potential suppliers, conduct market research, and evaluate proposals to select reliable vendors offering competitive prices and high-quality products/services.
• Purchase Orders: Prepare and process purchase orders for materials, equipment, and services, ensuring accuracy, completeness, and timely delivery.
• Price Negotiation: Negotiate favourable terms and pricing with suppliers to achieve cost savings while maintaining product quality and delivery timelines.
• Inventory Control: Monitor stock levels of essential materials and equipment, and coordinate with inventory management to avoid stockouts and overstock situations.
• Vendor Performance: Evaluate vendor performance regularly based on quality, delivery, and pricing, and address any issues or concerns promptly.
• Contract Management: Review and manage contracts with suppliers to secure appropriate terms, conditions, and service agreements.
• Quality Assurance: Collaborate with the quality control team to ensure purchased materials meet required standards and specifications.
• Documentation: Maintain comprehensive and accurate records of purchasing activities, including purchase orders, receipts, and invoices.
• Budget Compliance: Work closely with the finance department to ensure purchases align with budgetary constraints and cost-control objectives.
• Market Research: Stay updated with industry trends, new products, and market conditions to make informed procurement decisions.
• Compliance: Adhere to company policies, industry regulations, and ethical procurement practices in all purchasing activities.
• Risk Management: Identify and mitigate potential risks in the supply chain, such as supply disruptions, pricing fluctuations, and geopolitical factors.