Manager – Purchase

• Proven experience as a Purchase Manager or in a similar role in Electronics
• Production or R&D sector only
• Knowledge of Tally will be an added advantage
• Experience in Stores Management will be another advantage
• Strong analytical and problem-solving abilities
• Ability to work under pressure and manage multiple priorities.

• Develop and implement comprehensive purchasing strategies for all electrical and electronic components, including mechanical & relevant items, and various capital items and Bought-out Items
• Forecast market trends and identify changes in pricing to optimize procurement decisions
• Good acumen on Project Based Purchases & Services, including site purchase
• Develop import strategies that prioritize quality, reduced lead times, and cost control
• Oversee the sheet metal fabrication process to ensure quality and adherence to specifications.

• Lead vendor selection processes and build strategic partnerships with key suppliers
• Develop and implement effective negotiation strategies to secure the best possible terms for purchases
• Monitor vendor performance and manage relationships to ensure consistent quality and timely delivery.

• Procurement Strategy
• Develop and implement effective procurement strategies to ensure timely acquisition of high-quality materials and components
• Identify and evaluate potential suppliers, negotiate contracts, and establish strong supplier relationships
• Have in-depth experience in having procured niche hard to find Electronic components and associated material
• Have significant knowledge in sources for supply within the country and abroad to provide seamless support to the urgent needs of the project teams and the production department

• Supplier Management
• Maintain a Database of qualified suppliers and continuously monitor their performance
• Build and maintain strong relationships with reliable vendors and suppliers, focusing on value engineering and cost reduction
• Establish and develop benchmarking standards for vendor performance and evaluate alternative parts for potential sourcing

• Continuously monitor and analyze purchasing data to identify areas for improvement
• Implement strategies to improve key functional metrics related to efficiency and cost-effectiveness
• Develop and maintain strong relationships with internal stakeholders, including engineering and production teams
• Ensure strong credit control practices while keeping pace with upcoming demand levels

• Monitor inventory levels and coordinate with the Production and R&D teams to forecast demand
• Ensure optimal inventory levels to avoid shortages or excess stock.

• Negotiate pricing, terms, and conditions with suppliers to achieve cost savings while maintaining quality standards
• Monitor market trends and adjust procurement strategies to capitalize on cost-saving opportunities

• Ensure all procurement activities comply with company policies, industry regulations and the aerospace standards for which this company is certified for
• Maintain accurate records of purchases, contracts, and supplier performance.

• Work closely with the R&D and production teams to understand project requirements and timelines
• Collaborate with finance and logistics teams to ensure smooth procurement and delivery processes
• Implement process improvements to enhance procurement efficiency and effectiveness
• Stay updated with industry trends and best practices to drive innovation in procurement processes.

• Can Easily grasp the modern methodology of Supply Chain Management
• Acceptance of new age changes and adaptation to new technique
• Churning out new ideas to enhance self-performance
• Strong knowledge of electronic components, materials and sources for Purchase
• Any certification of Materials Management
• Knowledge of industry-specific regulations and standard

Parth Globus Infotech