Purchase Executive

The Procurement Officer in this role is responsible for overseeing and optimizing procurement processes within a factory. This position involves managing procurement activities for various commodities to ensure a continuous supply of materials for production while maintaining cost-efficiency and quality standards. Align procurement activities with business objectives to ensure efficient and cost- effective sourcing of materials

• Adhere to all regulations and Supply Chain Management (SCM) guidelines to maintain compliance and ethical standards
• Procure raw materials, including Electronics & Electrical components from both national and international markets
• Issue purchase orders in alignment with agreed pricing, terms, and conditions.
• Monitor and track the status of consignments, components, and materials on a daily basis to ensure timely delivery
• Coordinate with CHA for import processes, including handling customs duties and clearance of consignments.
• Prepare, manage, and maintain all purchase and import-related documentation in compliance with organizational policies
• Oversee logistics operations, including arranging transportation, handling porter documentation, and ensuring smooth transit of goods
• Proactively identify and mitigate risks such as supply chain disruptions, price fluctuations, and global market challenges
• Implement cost-saving strategies using zero-based costing for various commodities to achieve short- and long-term financial goals

Qualification/Experience:

• A Bachelor's degree in Electrical, Mechanical or Production Engineering
• Proficiency in Tally, Supply Chain Management software, MS Office, and analytical tools
• A minimum of 5 years of relevant experience in the electrical and electronics manufacturing industry
• In-depth knowledge of various manufacturing processes, supplier databases, pricing structures, and negotiation techniques